HUNTER MARITIME/SH CL A (NASDAQ:HUNT) hit a new 52-week high during trading on Monday . The stock traded as high as $16.08 and last traded at $14.02, with a volume of 1552 shares. The stock had previously closed at $9.35.

In related news, major shareholder Oxford Asset Management Llp purchased 355,000 shares of the company’s stock in a transaction that occurred on Monday, February 25th. The shares were purchased at an average price of $10.25 per share, with a total value of $3,638,750.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link.

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Hunter Maritime Acquisition Corp. does not have significant operations. The company intends to operate in the international maritime shipping industry. It focuses on acquiring vessels, vessel contracts, or one or more operating businesses through a merger, capital stock exchange, asset acquisition, debt acquisition, stock purchase, reorganization, or other similar business combination.

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