The Central and Eastern Europe Fund, Inc. (NYSE:CEE) Short Interest Up 31.5% in November

The Central and Eastern Europe Fund, Inc. (NYSE:CEE) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 26,700 shares, an increase of 31.5% from the October 31st total of 20,300 shares. Based on an average daily trading volume, of 26,900 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of The Central and Eastern Europe Fund

An institutional investor recently raised its position in The Central and Eastern Europe Fund stock. Nations Financial Group Inc. IA ADV increased its position in shares of The Central and Eastern Europe Fund, Inc. (NYSE:CEE) by 0.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 218,016 shares of the closed-end fund’s stock after purchasing an additional 1,100 shares during the quarter. Nations Financial Group Inc. IA ADV owned 3.46% of The Central and Eastern Europe Fund worth $2,337,000 at the end of the most recent reporting period. 34.41% of the stock is currently owned by hedge funds and other institutional investors.

The Central and Eastern Europe Fund Trading Up 0.6 %

Shares of CEE stock opened at $11.88 on Monday. The Central and Eastern Europe Fund has a 1 year low of $8.89 and a 1 year high of $13.36. The stock has a 50 day simple moving average of $11.09 and a 200 day simple moving average of $10.71.

The Central and Eastern Europe Fund Company Profile

The Central and Eastern Europe Fund, Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets across Central and Eastern Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.