Segantii Capital Management Ltd Exits Position in Steel Excel Inc (SXCL)

Steel Excel Inc (SXCL) : Segantii Capital Management Ltd has sold out all of its stake in Steel Excel Inc during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 1,400 shares of Steel Excel Inc which is valued at $14,700.

Other Hedge Funds, Including , Needham Investment Management sold out all of its stake in SXCL during the most recent quarter. The investment firm sold 16,628 shares of SXCL which is valued $174,594. Smith Moore sold out all of its stake in SXCL during the most recent quarter. The investment firm sold 11,083 shares of SXCL which is valued $116,372. Tower Research Capital (trc) sold out all of its stake in SXCL during the most recent quarter. The investment firm sold 983 shares of SXCL which is valued $10,322.Gabelli Funds reduced its stake in SXCL by selling 5,297 shares or 2.09% in the most recent quarter. The Hedge Fund company now holds 247,703 shares of SXCL which is valued at $2,477,030. Steel Excel Inc makes up approx 0.01% of Gabelli Funds’s portfolio.Gamco Investors Et Al reduced its stake in SXCL by selling 45,135 shares or 7.22% in the most recent quarter. The Hedge Fund company now holds 580,348 shares of SXCL which is valued at $5,803,480. Steel Excel Inc makes up approx 0.04% of Gamco Investors Et Al’s portfolio.

Steel Excel Inc (SXCL) witnessed a volatile trading activity on Thursday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $11 and reached the intraday high at $11. The bulls started the profit booking and pushed the shares to intraday low of $11. The trading session was marked by a volume range of 182 shares exchanging hands. The 52-week high of the shares is $24.59 and the 52-week low is $9.21. The market cap of the company stands at $120 M and there are 1,08,66,679 shares in public circulation.

Steel Excel Inc. is engaged in capital redeployment and identification of new business operations. The Company operates in two segments: Energy and Sports. Through its wholly owned subsidiary Steel Energy Ltd. (Steel Energy) the Company’s Energy business provides drilling and production services to the oil and gas industry. The Company’s services include well completion and recompletion well maintenance and workover snubbing flow testing down hole pumping plug and abatement and rental of auxiliary equipment. Through its wholly owned subsidiary Steel Sports Inc. the Company’s Sports business provides event-based sports services and other health-related services. The Sports business provides baseball facility services soccer camps and leagues and strength and conditioning services. The baseball facility services include tournaments field rentals camps and player and umpire instructio

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