Spark Networks SE (NYSEAMERICAN:LOV)’s stock price shot up 6.6% during mid-day trading on Thursday . The company traded as high as $5.42 and last traded at $5.32. 236,271 shares were traded during trading, an increase of 114% from the average session volume of 110,616 shares. The stock had previously closed at $4.99.
Several hedge funds have recently added to or reduced their stakes in the stock. Intellectus Partners LLC acquired a new position in Spark Networks in the second quarter valued at approximately $79,000. Squarepoint Ops LLC acquired a new position in Spark Networks in the third quarter valued at approximately $213,000. Osmium Partners LLC boosted its holdings in Spark Networks by 26.3% in the third quarter. Osmium Partners LLC now owns 2,441,252 shares of the technology company’s stock valued at $11,937,000 after purchasing an additional 509,039 shares in the last quarter. Finally, Cannell Capital LLC boosted its holdings in Spark Networks by 82.6% in the third quarter. Cannell Capital LLC now owns 1,265,049 shares of the technology company’s stock valued at $6,186,000 after purchasing an additional 572,234 shares in the last quarter.
About Spark Networks (NYSEAMERICAN:LOV)
Spark Networks SE operates online dating sites and mobile applications. It focuses on catering professionals and highly educated singles with serious relationship intentions in North America and other international markets. The company operates its dating platforms under the Zoosk, EliteSingles, Jdate, Christian Mingle, eDarling, JSwipe, SilverSingles, etc.
Featured Story: How can you know how many shares are floating?
Receive News & Ratings for Spark Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spark Networks and related companies with MarketBeat.com's FREE daily email newsletter.