Thai Fund Inc (NYSE:TTF): Negative Stock Sentiment

June 20, 2017 - By Vivian Currie

 Thai Fund Inc (NYSE:TTF): Negative Stock Sentiment

Sentiment for Thai Fund Inc (NYSE:TTF)

Thai Fund Inc (NYSE:TTF) institutional sentiment decreased to 0.75 in 2016 Q4. Its down -0.25, from 1 in 2016Q3. The ratio is negative, as 9 active investment managers started new or increased stock positions, while 12 sold and decreased holdings in Thai Fund Inc. The active investment managers in our partner’s database reported: 7.46 million shares, up from 7.25 million shares in 2016Q3. Also, the number of active investment managers holding Thai Fund Inc in their top 10 stock positions increased from 0 to 1 for an increase of 1. Sold All: 4 Reduced: 8 Increased: 4 New Position: 5.

The Thai Fund, Inc. is a non-diversified, closed-end management investment company. The company has market cap of $106.03 million. The Fund’s investment objective is long-term capital appreciation through investment primarily in equity securities of companies organized under the laws of the Kingdom of Thailand. It currently has negative earnings. The Fund seeks long-term capital appreciation and integrates top-down sector allocation and bottom-up stock selection with a growth bias.

About shares traded. Thai Fund Inc. (NYSE:TTF) has risen 24.84% since June 20, 2016 and is uptrending. It has outperformed by 8.14% the S&P500.

City Of London Investment Management Co Ltd holds 2.32% of its portfolio in Thai Fund Inc. for 3.80 million shares. Gramercy Funds Management Llc owns 568,590 shares or 2.22% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.39% invested in the company for 767,157 shares. The Texas-based Doliver Capital Advisors Inc. has invested 0.15% in the stock. Amica Mutual Insurance Co, a Rhode Island-based fund reported 134,831 shares.#img1#

Another recent and important Thai Fund Inc. (NYSE:TTF) news was published by Businesswire.com which published an article titled: “Morgan Stanley Asia-Pacific Fund, Inc., Morgan Stanley China A Share Fund, Inc …” on January 30, 2017.

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