According to a new Form 4 filed with the Securities and Exchange Commission, Phil Frohlich and Prescott Group Capital Management raised its exposure in China Marine Food Group Ltd (NYSEMKT:CMFO), through buying 316,492 shares at a price around $0.2 apiece. Through the acquisition of additional shares, the fund now owns almost 5.8 million shares of the company.
A couple of days ago, Frohlich and Prescott reportedanother bullish move on China Marine Food Group, raising their position to around 5.5 million shares.
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