Wynnefield Capital Inc buys $8,384,823 stake in Quinpario Acquisition Corp (JASN)

Quinpario Acquisition Corp (JASN) : Wynnefield Capital Inc scooped up 395,393 additional shares in Quinpario Acquisition Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 3,645,575 shares of Quinpario Acquisition Corp which is valued at $8,384,823.Quinpario Acquisition Corp makes up approximately 2.78% of Wynnefield Capital Inc’s portfolio.

Other Hedge Funds, Including , Spark Investment Management reduced its stake in JASN by selling 7,900 shares or 13.76% in the most recent quarter. The Hedge Fund company now holds 49,500 shares of JASN which is valued at $113,850. Quinpario Acquisition Corp makes up approx 0.01% of Spark Investment Management’s portfolio.Blackrock Fund Advisors reduced its stake in JASN by selling 804 shares or 1.74% in the most recent quarter. The Hedge Fund company now holds 45,390 shares of JASN which is valued at $104,397.Heartland Advisors Inc boosted its stake in JASN in the latest quarter, The investment management firm added 201,900 additional shares and now holds a total of 1,201,900 shares of Quinpario Acquisition Corp which is valued at $2,968,693. Quinpario Acquisition Corp makes up approx 0.16% of Heartland Advisors Inc’s portfolio.

Quinpario Acquisition Corp opened for trading at $1.93 and hit $1.99 on the upside on Thursday, eventually ending the session at $1.97, with a gain of 0.21% or 0.0042 points. The heightened volatility saw the trading volume jump to 9,538 shares. Company has a market cap of $44 M.

Many Wall Street Analysts have commented on Quinpario Acquisition Corp. Shares were Reiterated by Stifel on Aug 5, 2016 to “Buy” and Lowered the Price Target to $ 4 from a previous price target of $8 .

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