|Security||NAO / Nordic American Offshore Ltd (Y6366T112)|
|Institutional Value||$ 927,000 USD|
Institutional Stock Ownership and Shareholders
Nordic American Offshore Ltd (NYSE:NAO) has 8 institutional investors and shareholders that have
filed 13D/G or 13F forms with the Securities Exchange Commission (SEC).
These institutions hold a total of 15,521,019 shares.
Largest shareholders include
NORDIC AMERICAN TANKERS Ltd, Cooperman Leon G, Shah Capital Management, Paloma Partners Management Co, Wedbush Securities Inc, Nine Chapters Capital Management LLC, Quantbot Technologies LP, and Alpha Omega Wealth Management LLC.
Nordic American Offshore Ltd (NYSE:NAO) ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. The Schedule 13D indicates that the investor holds more than 5% of the company and intends to actively pursue a change in business strategy. Schedule 13G indicates a passive investment of over 5%. Green rows indicate new positions. Red rows indicate closed positions. Click the link icon to see the full transaction history.
|SHAH CAPITAL MANAGEMENT||460,000||449,500||-2.28||506||516||1.98|
|Alpha Omega Wealth Management LLC||28||28||0.00||0||0|
|NORDIC AMERICAN TANKERS Ltd||6,351,613||14,018,280||120.70|
|COOPERMAN LEON G||1,600,000||700,000||-56.25|
|Nine Chapters Capital Management LLC||19,500||27|
|Paloma Partners Management Co||262,066||263,132||0.41||288||303||5.21|
|Quantbot Technologies LP||96||96||0.00||0||0|
|WEDBUSH SECURITIES INC||32,983||70,483||113.69||36||81||125.00|
Related News Stories
At this point, the available information is not sufficient enough to provide a chance even for an educated guess of the fortune of the combined company.
In my previous article on Nordic American Offshore (NAO) called "Nordic American Offshore: Cash Position Deteriorates As Company Evaluates A Reverse Stock Split", I evaluated the perspectives of the company's shares amidst a never-ending decline in cash balance and a looming stock split, indicating that the company wanted to provide an update on September 10. This update has been provided (transcript here) and it's time to look at new catalysts.
The next key date is September 10, when North American Offshore is set to provide an update for shareholders.
Here we will take a look at factors that continue to pave the way for a recovery in the offshore vessel segment. (113-0)
as of ET