Thursday, 14 June 2018

Reasons for Charles Frischer’s Share Buy of RAIT Financial Trust (RASFN)’s Stock; Cronos Group Inchare (CRON) Shorts Up By 26.83%

Cronos Group Inchare (NASDAQ:CRON) had an increase of 26.83% in short interest. CRON’s SI was 4.22 million shares in June as released by FINRA. Its up 26.83% from 3.33 million shares previously. With 2.51 million avg volume, 2 days are for Cronos Group Inchare (NASDAQ:CRON)’s short sellers to cover CRON’s short positions. The stock increased 5.17% or $0.35 during the last trading session, reaching $7.12. About 3.96M shares traded or 35.00% up from the average. Cronos Group Inc. (NASDAQ:CRON) has risen 244.25% since June 14, 2017 and is uptrending. It has outperformed by 231.68% the S&P500. Some Historical CRON News: ; 18/05/2018 – CRONOS GROUP INC. APPOINTS LEAD DIRECTOR, ENGAGES INVESTOR RELATIONS AGENCY AND GRANTS OPTIONS; 22/05/2018 – Cronos Group Inc. to Up List and Begin Trading on Toronto Stk Exchange; 06/04/2018 – Cronos Group Announces Closing of Previously Announced $100 M Bought Deal; 14/05/2018 – Chescapmanager Buys New 7.4% Position in Cronos Group; 06/04/2018 – CRONOS GROUP ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED $100 MILLION BOUGHT DEAL; 05/03/2018 News On Cronos Group Inc. (MJN.V) Now Under CRON.V; 18/05/2018 – Cronos Group Inc. Appoints Jim Rudyk Lead Director; 21/03/2018 – Canada News Wire: /C O R R E C T I O N from Source — Cronos Group Inc./; 27/04/2018 – Cronos Group Inc. to Hold Conference Call on Fourth Quarter and Fiscal Year 2017 Financial Results; 19/03/2018 – Cannabis Company Cronos Group Enters Cross-border Joint Venture With MedMen — MarketWatch

More notable recent Cronos Group Inc. (NASDAQ:CRON) news were published by: Seekingalpha.com which released: “Cronos: Q1 2018 Gave Us Concerns” on May 17, 2018, also Fool.com with their article: “4 Marijuana Stocks I Wouldn’t Buy” published on June 06, 2018, Investorideas.com published: “Cronos Group Inc. (NASDAQ: $CRON) (TSX: $CRON) Sets Date for 2018 Annual and Special Meeting of Shareholders …” on June 08, 2018. More interesting news about Cronos Group Inc. (NASDAQ:CRON) were released by: Fool.com and their article: “Better Marijuana Stock: Cronos Group vs. Organigram Holdings” published on June 03, 2018 as well as Prnewswire.com‘s news article titled: “Government Interest in Hemp Diversity Signals Strong Future for American Cannabis Industry” with publication date: June 13, 2018.

Cronos Group Inc., formerly known as PharmaCan Capital Corp., is a principal investment firm. The company has market cap of $1.26 billion. The firm seeks to invest in companies either licensed, or actively seeking a license, to produce medical marijuana pursuant to Canada's Marihuana for Medical Purposes Regulations . It has a 890 P/E ratio. The firm typically invests in companies based in Canada.

RAIT Financial Trust is an internal

The stock increased 1.47% or $0.1 during the last trading session, reaching $6.9. About shares traded. RAIT Financial Trust (OTCMKTS:RASFN) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Rait Financial Trust’s major shareholder, Charles Frischer, paid for 2,651 shares of stock in the public company. The average cost for each share was $6.8, for total transaction sum of $18,080 U.S Dollars. It seems he is very active lately as in the last month, he quietly bought additional 8,900 shares of the company, worth $60,164 USD. Charles Frischer right now has in hand 201,351 shares or 21.11% of Rait Financial Trust’s market cap.

Investors sentiment decreased to 0.51 in 2018 Q1. Its down 0.83, from 1.34 in 2017Q4. It dived, as 11 investors sold RAIT Financial Trust shares while 30 reduced holdings. 9 funds opened positions while 12 raised stakes. 33.23 million shares or 11.38% less from 37.50 million shares in 2017Q4 were reported. Private Ocean Ltd Liability Corp holds 0% of its portfolio in RAIT Financial Trust (OTCMKTS:RASFN) for 10,000 shares. Invesco Limited holds 0% of its portfolio in RAIT Financial Trust (OTCMKTS:RASFN) for 1.01M shares. Tudor Inv Corp Et Al reported 0% stake. Cetera Advsr Limited Liability Company holds 0% or 456,124 shares in its portfolio. Amalgamated State Bank accumulated 11,305 shares. Private Advisor Group Ltd Limited Liability Company owns 14,500 shares for 0% of their portfolio. Lpl Fin Limited Liability Com holds 13,876 shares. Summit Secs Ltd Liability holds 10,000 shares. Virtu Fin Limited Liability stated it has 0% of its portfolio in RAIT Financial Trust (OTCMKTS:RASFN). Sei owns 123 shares. Citadel Advisors, Illinois-based fund reported 28,906 shares. Renaissance Lc invested in 0% or 3.21 million shares. Retail Bank Of New York Mellon accumulated 599,069 shares. Credit Suisse Ag holds 0% or 34,232 shares in its portfolio. Manufacturers Life Ins The has 718 shares.

The post Reasons for Charles Frischer’s Share Buy of RAIT Financial Trust (RASFN)’s Stock; Cronos Group Inchare (CRON) Shorts Up By 26.83% appeared first on Stock Market News | HillCountryTimes | Get it Today.



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