Diana Containerships Inc (NASDAQ:DCIX) traded up 11.7% during mid-day trading on Friday . The company traded as high as $7.13 and last traded at $5.44. 4,722,289 shares were traded during mid-day trading, an increase of 1,000% from the average session volume of 429,462 shares. The stock had previously closed at $4.87.

An institutional investor recently raised its position in Diana Containerships stock. Renaissance Technologies LLC lifted its position in Diana Containerships Inc (NASDAQ:DCIX) by 3.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 239,985 shares of the shipping company’s stock after purchasing an additional 8,500 shares during the quarter. Renaissance Technologies LLC owned about 2.56% of Diana Containerships worth $312,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 4.51% of the company’s stock.

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Diana Containerships Company Profile

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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