Periscope Capital Inc. Takes $877,000 Position in Hunter Maritime Acquisition Corp (HUNTU)

Periscope Capital Inc. purchased a new position in Hunter Maritime Acquisition Corp (NASDAQ:HUNTU) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 86,470 shares of the company’s stock, valued at approximately $877,000. Periscope Capital Inc. owned approximately 0.58% of Hunter Maritime Acquisition Corp at the end of the most recent reporting period.

Hunter Maritime Acquisition Corp (HUNTU) remained flat at $$10.05 during mid-day trading on Friday. The stock had a trading volume of 2,000 shares, compared to its average volume of 9,724. Hunter Maritime Acquisition Corp has a 12-month low of $9.53 and a 12-month high of $10.91.

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About Hunter Maritime Acquisition Corp

Hunter Maritime Acquisition Corp. is a blank check company. The Company has been formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition, debt acquisition, stock purchase, reorganization or other similar business combination, vessels, vessel contracts (including contracts for the purchase and charter-in by it of vessels) or one or more operating businesses.

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