2 weeks Ago By Defense World Staff
The New Germany Fund, Inc. ( NYSE:GF – Get Free Report ) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 14,500 shares, an increase of 6.
6% from the August 31st total of 13,600 shares. Based on an average daily trading volume, of 34,800 shares, the days-to-cover ratio is currently 0.4 days.
The New Germany Fund Price Performance NYSE GF traded down $0.03 during trading on Monday, hitting $8.93.
The company’s stock had a trading volume of 10,157 shares, compared to its average volume of 33,624. The New Germany Fund has a fifty-two week low of $7.38 and a fifty-two week high of $8.
99. The business’s 50 day simple moving average is $8.40 and its 200-day simple moving average is $8.
47. Institutional Trading of The New Germany Fund Several large investors have recently added to or reduced their stakes in GF. Logan Stone Capital LLC boosted its holdings in The New Germany Fund by 14.
4% in the second quarter. Logan Stone Capital LLC now owns 96,506 shares of the investment management company’s stock valued at $785,000 after purchasing an additional 12,120 shares during the last quarter. Wolverine Asset Management LLC grew its holdings in The New Germany Fund by 88.
9% during the second quarter. Wolverine Asset Management LLC now owns 109,644 shares of the investment management company’s stock worth $892,000 after acquiring an additional 51,606 shares during the period. Matisse Capital raised its position in The New Germany Fund by 23.
3% during the second quarter. Matisse Capital now owns 75,215 shares of the investment management company’s stock valued at $612,000 after acquiring an additional 14,214 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in The New Germany Fund by 1.
0% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,361,549 shares of the investment management company’s stock valued at $19,211,000 after acquiring an additional 22,390 shares in the last quarter. Finally, Karpus Management Inc.
lifted its holdings in The New Germany Fund by 404.3% in the first quarter. Karpus Management Inc.
now owns 115,383 shares of the investment management company’s stock valued at $1,005,000 after acquiring an additional 92,501 shares during the period. About The New Germany Fund The New Germany 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 of Germany.
The fund seeks to invest in stocks of companies operating across diversified sectors. Read More Five stocks we like better than The New Germany Fund How to invest in marijuana stocks in 7 steps TJX Stock: A Buying Opportunity Before the Holiday Rush What Investors Need to Know About Upcoming IPOs Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge What is a Dividend King? Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Receive News & Ratings for The New Germany Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The New Germany Fund and related companies with MarketBeat.com's FREE daily email newsletter .
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