OceanPal shares are trading higher after a 13G Filing showed Sphinx Investment Corp. increased its stake in the company to 9.1%.
Portfolio Pulse from Benzinga Newsdesk
OceanPal shares are trading higher after Sphinx Investment Corp. increased its stake in the company to 9.1% according to a 13G Filing.
September 28, 2023 | 4:36 pm
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OceanPal's stock price is increasing due to Sphinx Investment Corp. raising its stake in the company to 9.1%.
The increase in Sphinx Investment Corp.'s stake in OceanPal indicates a strong vote of confidence in the company, which is likely to attract other investors and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100