MFs cut stakes in 8 smallcap stocks after two quarters of buying; shares tumble up to 30% in 3 months

Mutual funds have reduced their stakes in eight small-cap stocks after buying them for two consecutive quarters. The selling came as the shares recorded declines of as much as 30% over the past three months.

Holdings change after two quarters of buying

The shift marks a change in mutual fund ownership patterns across the eight companies. The stocks had attracted buying from mutual funds for two quarters before the funds cut their stakes.

Shares fall as much as 30%

The affected small-cap shares have weakened over the three-month period, with the steepest decline reaching 30%. The combination of lower share prices and reduced mutual fund holdings places the stocks under closer market scrutiny.

The available information identifies the change in mutual fund stakes and the recent share-price performance, but does not provide details on the individual companies or the reasons behind the reductions.