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United States

Nordic American Tanker Ltd (NAT.N)

NAT.N on New York Stock Exchange

2.73USD
21 Jun 2018
Change (% chg)

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$2.73
Open
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Avg. Vol
293,402
52-wk High
$6.69
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$1.82

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Hedge funds hook shipping stocks grappling for recovery

LONDON Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry.

UPDATE 1-Hedge funds hook shipping stocks grappling for recovery

* Nordic American Tanker and Dryships Inc among popular stocks (Updates with Greywolf background, quote)

Hedge funds hook shipping stocks grappling for recovery

* Nordic American Tanker and Dryships Inc among popular stocks

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