Central Securities (NYSEAMERICAN:CET) Sees Unusually-High Trading Volume

Shares of Central Securities Corp. (NYSEAMERICAN:CETGet Rating) saw an uptick in trading volume on Tuesday . 1,742 shares changed hands during mid-day trading, a decline of 91% from the previous session’s volume of 19,946 shares.The stock last traded at $34.30 and had previously closed at $34.11.

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, June 24th. Investors of record on Monday, June 13th will be issued a dividend of $0.20 per share. The ex-dividend date is Friday, June 10th. This represents a dividend yield of 2.2%.

Several large investors have recently modified their holdings of CET. Koshinski Asset Management Inc. grew its position in shares of Central Securities by 63.4% in the 4th quarter. Koshinski Asset Management Inc. now owns 1,160 shares of the company’s stock valued at $52,000 after acquiring an additional 450 shares during the period. Concourse Financial Group Securities Inc. bought a new stake in shares of Central Securities during the 1st quarter worth about $54,000. Stratos Wealth Partners LTD. bought a new stake in shares of Central Securities during the 4th quarter worth about $209,000. Stolper Co bought a new stake in Central Securities in the 4th quarter valued at about $210,000. Finally, LPL Financial LLC bought a new stake in Central Securities in the 4th quarter valued at about $245,000. Institutional investors and hedge funds own 9.80% of the company’s stock.

About Central Securities (NYSEAMERICAN:CET)

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.

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