Thomas Herzfeld Paid for $79026 Worth of The Herzfeld Caribbean Basin Fund Inc. (CUBA) Shares; Longfin – Class A (LFIN) Shorts Increased By 121.81%

Longfin Corp – Class A (NASDAQ:LFIN) had an increase of 121.81% in short interest. LFIN’s SI was 313,200 shares in March as released by FINRA. Its up 121.81% from 141,200 shares previously. With 247,400 avg volume, 1 days are for Longfin Corp – Class A (NASDAQ:LFIN)’s short sellers to cover LFIN’s short positions. The stock increased 2.08% or $1.17 during the last trading session, reaching $57.47. About 661,023 shares traded or 65.07% up from the average. Longfin Corp. (NASDAQ:LFIN) has 0.00% since March 21, 2017 and is . It has underperformed by 16.70% the S&P500.

A calculated and well-grounded act was made by the director of Herzfeld Caribbean Basin Fund Inc, Mr. Thomas Herzfeld, on 21/03/2018, when he acquired 11,100 shares, amounting to $79,026 U.S. Dollars, which is based on a stock price of $7.1 of a share. In the last 30 days, he also bought 80 shares worth total $582 USD. Today, Thomas Herzfeld owns 435,749 shares which make up about 7.10% of Herzfeld Caribbean Basin Fund Inc’s market cap.

Among 2 analysts covering The Herzfeld Caribbean Basin Fund (NASDAQ:CUBA), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. The Herzfeld Caribbean Basin Fund had 2 analyst reports since April 19, 2016 according to SRatingsIntel. The rating was maintained by Ladenburg Thalmann on Tuesday, April 19 with “Buy”. The firm has “Overweight” rating by Pacific Crest given on Tuesday, August 30.

Investors sentiment decreased to 2.4 in Q3 2017. Its down 4.10, from 6.5 in 2017Q2. It dropped, as 0 investors sold The Herzfeld Caribbean Basin Fund Inc. shares while 2 reduced holdings. 6 funds opened positions while 7 raised stakes. 3.56 million shares or 137.66% more from 1.50 million shares in 2017Q2 were reported. Wells Fargo Mn has 0% invested in The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA). Morgan Stanley invested in 0% or 3,599 shares. City Of London Inv Mgmt Communications owns 0.16% invested in The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) for 306,004 shares. Royal Commercial Bank Of Canada stated it has 1,440 shares. Blue Bell Private Wealth Mngmt Ltd holds 0.29% or 82,835 shares. Gramercy Funds Management Limited has 0.04% invested in The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA). New Jersey-based Bulldog Invsts Lc has invested 0.15% in The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA). Cwm Lc has 7,100 shares. Susquehanna Grp Inc Ltd Liability Partnership owns 0% invested in The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) for 17,510 shares. Moreover, Bancorp Of America Corporation De has 0% invested in The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA). Sandy Spring National Bank reported 2,667 shares. Thomas J Herzfeld Advsrs, Florida-based fund reported 1.05M shares. Bennicas Assocs Inc holds 18,050 shares. Virtu Fincl Ltd Limited Liability Company holds 0% of its portfolio in The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) for 10,940 shares. Raymond James & invested 0% of its portfolio in The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA).

The stock decreased 0.56% or $0.04 during the last trading session, reaching $7.12. About 12,270 shares traded. The Herzfeld Caribbean Basin Fund Inc. (NASDAQ:CUBA) has risen 11.48% since March 21, 2017 and is uptrending. It has underperformed by 5.22% the S&P500.

Since January 5, 2018, it had 4 insider purchases, and 0 insider sales for $246,884 activity. Another trade for 10,420 shares valued at $77,171 was bought by HERZFELD THOMAS J.

Longfin Corp. operates as an independent finance and technology firm in the United States and internationally. The company has market cap of $4.40 billion. The firm specializes in structured trade finance solutions and physical commodities finance solutions for finance houses and trading platforms. It currently has negative earnings. It applies Blockchain technology to enable global trade finance solutions for small and medium enterprises , processors, manufacturers, importers, and exporters through cryptocurrencies.

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