Anson Funds Management LP lowered its position in One Group Hospitality Inc (NASDAQ:STKS) by 37.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,472,921 shares of the restaurant operator’s stock after selling 872,522 shares during the quarter. One Group Hospitality makes up approximately 2.4% of Anson Funds Management LP’s holdings, making the stock its 8th biggest position. Anson Funds Management LP owned about 5.82% of One Group Hospitality worth $3,520,000 at the end of the most recent reporting period.
Separately, Vanguard Group Inc. grew its stake in One Group Hospitality by 120.1% in the second quarter. Vanguard Group Inc. now owns 194,716 shares of the restaurant operator’s stock valued at $422,000 after purchasing an additional 106,242 shares in the last quarter. 8.54% of the stock is currently owned by institutional investors.
One Group Hospitality Inc (NASDAQ:STKS) opened at $2.62 on Wednesday. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.51 and a quick ratio of 0.45. One Group Hospitality Inc has a 52 week low of $1.32 and a 52 week high of $2.84. The company has a market capitalization of $69.35, a PE ratio of -3.32 and a beta of 1.32.
WARNING: This news story was posted by American Banking News and is the property of of American Banking News. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://www.americanbankingnews.com/2018/03/14/one-group-hospitality-inc-stks-is-anson-funds-management-lps-8th-largest-position.html.
About One Group Hospitality
The ONE Group Hospitality, Inc, formerly Committed Capital Acquisition Corporation, is a hospitality company. The Company develops, owns and operates restaurants and lounges, and provides food and beverage services for hospitality venues, including hotels, casinos and other locations across the globe.
Receive News & Ratings for One Group Hospitality Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for One Group Hospitality and related companies with MarketBeat.com's FREE daily email newsletter.