Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Nevada Capital Cuts Genco Shipping & Trading Significantly

Nevada Capital, Genco Shipping & Trading: In a filing with the Securities and Exchange Commission, Nevada Capital reported it is cutting down its stake in Genco Shipping & Trading Limited (NYSE:GNK) to 2 million shares, from the previously owned 7 million shares. In this way, Nevada Capital reduced its passive position in the company to 4.5%, versus the 15.81% stake held earlier. At the current price of Genco Shipping & Trading’s shares, the value of the stake held by Nevada Capital amounts to $6.7 million.

Genco_Shipping_&_Trading

Disclosure: none

Recommended Reading:

Heartland Advisors Discloses a 1.9% Stake in Lantronix

Fort Dearborn Receives Vote of Confidence From Karpus Management

Clinton Group Boosts Activist Stake in Community Financial

 

Heartland Advisors Discloses a 1.9% Stake in Lantronix

 

Loading...