Strategic Value Partners, LLC(VOLUNTARY) revealed that they own a 17.2% stake in GENCO SHIPPING & TRA (NASDAQ:GSKNF) in a Schedule 13D/A disclosure that was filed with the SEC on Thursday, October 13th. The investor owns 1,263,366 shares of the stock worth $9,222,572. The reporting parties listed on the disclosure included Strategic Value Partners, LLC(VOLUNTARY), SVP Special Situations III LLC(VOLUNTARY), SVP Special Situations IIIA LLC(VOLUNTARY), SVP Special Situations II LLC(VOLUNTARY) and Victor Khosla(VOLUNTARY). The filing is available through Edgar at this link.
GENCO SHIPPING & TRA (NASDAQ:GSKNF) remained flat at $7.30 during trading on Thursday. GENCO SHIPPING & TRA has a 1-year low of $6.65 and a 1-year high of $21.75. The firm has a 50-day moving average price of $7.15 and a 200-day moving average price of $8.77.
Want to see what other hedge funds are holding GSKNF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GENCO SHIPPING & TRA (NASDAQ:GSKNF).
Receive News & Ratings for GENCO SHIPPING & TRA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GENCO SHIPPING & TRA and related companies with MarketBeat.com's FREE daily email newsletter.