Australia's Cettire jumps as Israeli fund emerges as top institutional shareholder

By Reuters News

** Shares of online luxury fashion retailer Cettire CTT.AX advance as much as 18.3% to A$0.355, their highest point since February 26

** Israel's UDN Eden Management has built a 5.3% stake in CTT, accumulating 20.2 million shares as of October 1, according to an exchange filing

** The stake makes UDN Eden CTT's largest institutional shareholder and second-largest disclosed investor overall, behind founder CTT, according to LSEG-compiled data

** Cettire stock down 62.3%, YTD

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