Granby Capital Management LLC purchased a new stake in Globalink Investment Inc. (NASDAQ:GLLI – Get Rating) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 25,000 shares of the company's stock, valued at approximately $248,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Radcliffe Capital Management L.P. acquired a new stake in Globalink Investment during the 4th quarter worth $979,000. Beryl Capital Management LLC acquired a new stake in Globalink Investment during the 4th quarter worth $1,379,000. K2 Principal Fund L.P. acquired a new stake in Globalink Investment during the 4th quarter worth $2,026,000. Oaktree Capital Management LP acquired a new stake in Globalink Investment during the 4th quarter worth $3,426,000. Finally, Murchinson Ltd. acquired a new stake in Globalink Investment during the 1st quarter worth $4,212,000.

Globalink Investment Trading Down 0.1 %

GLLI traded down $0.01 on Monday, hitting $9.99. 5 shares of the company's stock were exchanged, compared to its average volume of 61,840. Globalink Investment Inc. has a fifty-two week low of $9.77 and a fifty-two week high of $10.00. The firm has a 50-day moving average price of $9.95 and a 200-day moving average price of $9.93.

About Globalink Investment

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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