GNK Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own GNK shares is 268, representing 68.76% of the company's common stock.

PEKIN HARDY STRAUSS, INC., in the last quarter, reduced its stake in GNK by -93.98% restricting it's holding to 23.35 thousand shares of worth nearly $474.71K. BLACKROCK INC. also lessened -3.87% of the GNK shares from its portfolio, reducing its holding to 3.42 million shares of worth $69.59M. MORGAN STANLEY also shunned GNK shares holding by -5.26% last quarter which brought its holding to 622.62 thousand shares worth $12.66M.

As per its latest 13F filing, ALLIANZ ASSET MANAGEMENT GMBH increased its stake in GNK by 22.34% in the last quarter. The institutional holder raised its holding to 190.96 thousand shares having worth more than $3.88M. DIMENSIONAL FUND ADVISORS LP also added 4.48% more shares of GNK to its portfolio, raising its holding to 2.84 million shares of worth $57.66M. AMERICAN CENTURY COMPANIES INC also increased its GNK shares holding by 21.04% which brought its holding to 942.4 thousand shares worth $19.16M.

The insider with the most stakes in GNK is Aronson Jeffrey , at the company. Additionally, GNK stock is highly held by CEO, President, and Secretary WOBENSMITH JOHN C and director REGAN ARTHUR L among others.

Company executives, directors, and other insiders own 2.15% percent of Genco Shipping & Trading Limited's stock. Within the last six months, there have been 0 transaction(s) in which GNK insiders have sold stock, totaling 0 shares. Insiders that have sold shares include REGAN ARTHUR L, ADAMO JOSEPH, and ALLEN PETER GEORGE.

There have been 0 transaction(s) during the past 6-months in which Genco Shipping & Trading Limited insiders have bought stock, totalling 0 shares

Around 0 Genco Shipping & Trading Limited shares are held by insiders, which represents about 2.15% of GNK stock.

GNK , Aronson Jeffrey holds the largest portfolio of the company's shares. GNK shares owned by Aronson total nearly 4.21 million.

ALLIANZ ASSET MANAGEMENT GMBH is the largest institutional owner in GNK which holds 190.96 thousand shares worth $3.88M or 0.45% of the total GNK shares outstanding followed by PEKIN HARDY STRAUSS, INC. with ownership of 23.35 thousand shares representing 0.05% of the GNK ownership. METLIFE INVESTMENT MANAGEMENT, LLC is the third largest stakeholder with 22.23 thousand shares or 0.05% of the ownership worth more than $452.00K.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the GNK is concerned, it is a stock which is optionable.

Number of GNK shares short is 775.54K. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 42.76M shares of GNK are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, GNK has 41.81M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for GNK is 1.78.