The Central and Eastern Europe Fund, Inc. (NYSE:CEE) Short Interest Update

The Central and Eastern Europe Fund, Inc. (NYSE:CEE) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 1,520 shares, a drop of 70.1% from the August 15th total of 5,084 shares. Based on an average daily volume of 42,193 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

The Central and Eastern Europe Fund Price Performance

NYSE CEE traded down $0.01 on Monday, hitting $19.98. 11,499 shares of the company were exchanged, compared to its average volume of 27,323. The Central and Eastern Europe Fund has a twelve month low of $14.76 and a twelve month high of $21.98. The company’s 50 day moving average price is $20.62 and its 200-day moving average price is $20.18.

Institutional Trading of The Central and Eastern Europe Fund

A number of institutional investors have recently added to or reduced their stakes in CEE. Almitas Capital LLC acquired a new stake in shares of The Central and Eastern Europe Fund in the second quarter worth about $3,560,000. Weiss Asset Management LP increased its holdings in shares of The Central and Eastern Europe Fund by 67.2% during the 1st quarter. Weiss Asset Management LP now owns 90,968 shares of the closed-end fund’s stock worth $1,665,000 after purchasing an additional 36,569 shares during the period. Silver Point Capital L.P. bought a new position in The Central and Eastern Europe Fund during the second quarter valued at about $1,171,967. Royal Bank of Canada acquired a new position in shares of The Central and Eastern Europe Fund in the first quarter valued at $1,036,000. Finally, Janney Montgomery Scott LLC raised its stake in shares of The Central and Eastern Europe Fund by 2.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 34,980 shares of the closed-end fund’s stock valued at $640,000 after buying an additional 688 shares in the last quarter. 34.41% of the stock is currently owned by institutional investors and hedge funds.

About The Central and Eastern Europe Fund

The Central and Eastern Europe Fund, Inc (NYSE: CEE) is a closed-end management investment company that seeks to provide shareholders with long-term growth of capital and a high level of current income. Since its initial public offering in 1994, the fund has focused on equity and equity-related securities of companies operating in Central and Eastern Europe. Shares of CEE are traded on the New York Stock Exchange, offering U.S. investors direct exposure to the economic growth and development of this dynamic region.

CEE’s investment strategy combines a macroeconomic top-down framework with rigorous bottom-up security selection.