Amira Nature Foods Ltd (NYSE:ANFI) shares hit a new 52-week low during trading on Thursday . The company traded as low as $0.43 and last traded at $0.48, with a volume of 2400 shares trading hands. The stock had previously closed at $0.53.
An institutional investor recently raised its position in Amira Nature Foods stock. Pinnacle Associates Ltd. raised its position in Amira Nature Foods Ltd (NYSE:ANFI) by 21.3% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 290,219 shares of the company’s stock after buying an additional 50,880 shares during the period. Pinnacle Associates Ltd. owned about 0.78% of Amira Nature Foods worth $644,000 as of its most recent filing with the SEC. 15.91% of the stock is currently owned by institutional investors and hedge funds.
Amira Nature Foods Company Profile (NYSE:ANFI)
Amira Nature Foods Ltd. engages in processing, sourcing, and selling packaged Indian specialty rice. The company provides various types of basmati rice, other specialty rice and other food products, ready-to-eat snacks, edible oils, and organic products for retailers under the Amira brand; and non-basmati rice.
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