Walleye Capital LLC purchased a new stake in shares of Globalink Investment Inc. (NASDAQ:GLLI – Get Rating) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 54,000 shares of the company’s stock, valued at approximately $535,000. Walleye Capital LLC owned approximately 1.59% of Globalink Investment as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of GLLI. Radcliffe Capital Management L.P. purchased a new position in Globalink Investment in the fourth quarter valued at about $979,000. Saba Capital Management L.P. bought a new stake in shares of Globalink Investment in the 4th quarter valued at approximately $5,823,000. Oaktree Capital Management LP bought a new stake in shares of Globalink Investment in the 4th quarter valued at approximately $3,426,000. Beryl Capital Management LLC acquired a new position in Globalink Investment in the fourth quarter worth approximately $1,379,000. Finally, MMCAP International Inc. SPC bought a new position in Globalink Investment during the first quarter valued at approximately $5,351,000.
Globalink Investment Stock Performance
NASDAQ GLLI opened at $9.96 on Thursday. Globalink Investment Inc. has a 12-month low of $9.77 and a 12-month high of $10.00. The company has a 50 day moving average price of $9.96 and a two-hundred day moving average price of $9.94.
Globalink Investment Profile
Globalink Investment Inc does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire business in the technology industry within the e-commerce and payments sectors in North America, Europe, South East Asia, and Asia excluding China, Hong Kong, and Macau.
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