Central Fund of Canada Limited (NYSEAMERICAN:CEF) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 223,557 shares, a growth of 38.0% from the November 15th total of 161,982 shares. Based on an average trading volume of 816,354 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Shares of Central Fund of Canada (CEF) opened at $12.81 on Friday. Central Fund of Canada has a fifty-two week low of $11.22 and a fifty-two week high of $13.58.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Athena Capital Advisors LLC lifted its holdings in Central Fund of Canada by 112.5% in the 3rd quarter. Athena Capital Advisors LLC now owns 78,400 shares of the company’s stock worth $993,000 after buying an additional 41,500 shares during the period. Private Advisor Group LLC lifted its holdings in Central Fund of Canada by 108.7% in the 3rd quarter. Private Advisor Group LLC now owns 64,361 shares of the company’s stock worth $833,000 after buying an additional 33,526 shares during the period. Ladenburg Thalmann Financial Services Inc. lifted its holdings in Central Fund of Canada by 22.5% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 224,901 shares of the company’s stock worth $2,848,000 after buying an additional 41,317 shares during the period. Glovista Investments LLC lifted its holdings in Central Fund of Canada by 3.3% in the 3rd quarter. Glovista Investments LLC now owns 152,350 shares of the company’s stock worth $1,930,000 after buying an additional 4,900 shares during the period. Finally, Steward Partners Investment Advisory LLC purchased a new stake in Central Fund of Canada in the 3rd quarter worth approximately $318,000.

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Central Fund of Canada Company Profile

Central Fund of Canada Limited (Central Fund) is an investment holding company. The Company’s investment objective is to provide a secure, convenient, low-cost, exchange tradable investment alternative for investors interested in holding an investment in gold and silver bullion for long-term appreciation.

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