Diana Containerships (DCIX) Shares Down 12.8%
Diana Containerships Inc (NASDAQ:DCIX)’s share price was down 12.8% during trading on Tuesday . The company traded as low as $5.16 and last traded at $5.17. Approximately 900,592 shares traded hands during mid-day trading, an increase of 121% from the average daily volume of 406,847 shares. The stock had previously closed at $5.93.
A hedge fund recently raised its stake in Diana Containerships stock. Renaissance Technologies LLC increased its position in Diana Containerships Inc (NASDAQ:DCIX) by 3.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 239,985 shares of the shipping company’s stock after buying an additional 8,500 shares during the period. Renaissance Technologies LLC owned 2.56% of Diana Containerships worth $312,000 at the end of the most recent reporting period. 4.51% of the stock is owned by institutional investors and hedge funds.
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About Diana Containerships
Diana Containerships Inc is a holding company. The Company, through its subsidiaries, is engaged in the ownership of containerships. As of December 31, 2016, the Company’s fleet consisted of six panamax and six post-panamax containerships with a combined carrying capacity of 61,517 twenty-foot equivalent unit (TEU).
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