Matlin & Partners Acquisition Co. (NASDAQ:MPACU) Shares Sold by Periscope Capital Inc.

Periscope Capital Inc. decreased its position in Matlin & Partners Acquisition Co. (NASDAQ:MPACU) by 35.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 303,000 shares of the company’s stock after selling 165,000 shares during the quarter. Periscope Capital Inc.’s holdings in Matlin & Partners Acquisition Co. were worth $3,075,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of MPACU. The Manufacturers Life Insurance Company acquired a new stake in Matlin & Partners Acquisition Co. in the second quarter valued at approximately $8,359,000. Cowen Inc. acquired a new stake in Matlin & Partners Acquisition Co. in the second quarter valued at approximately $6,768,000. Finally, Longfellow Investment Management Co. LLC raised its holdings in Matlin & Partners Acquisition Co. by 28.5% in the third quarter. Longfellow Investment Management Co. LLC now owns 785,733 shares of the company’s stock valued at $7,975,000 after acquiring an additional 174,375 shares in the last quarter.

Matlin & Partners Acquisition Co. (NASDAQ MPACU) traded up $0.06 during mid-day trading on Friday, reaching $10.17. 500 shares of the company’s stock were exchanged, compared to its average volume of 32,454. Matlin & Partners Acquisition Co. has a 12 month low of $10.00 and a 12 month high of $11.00.

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Matlin & Partners Acquisition Co. Company Profile

Matlin & Partners Acquisition Corporation is a blank check company. The Company was formed for the purpose of a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company has not identified any business combination target.

Institutional Ownership by Quarter for Matlin & Partners Acquisition Co. (NASDAQ:MPACU)

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