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Anchorage Capital Reduces Stake in Shelf Drilling

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Anchorage Capital Reduces Stake in Shelf Drilling

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Shelf Drilling ( (SHLLF) ) has shared an update.

Anchorage Capital Group, L.L.C. has sold 5,104,104 shares in Shelf Drilling, Ltd., reducing its ownership to approximately 3.92% of the company’s total shares. This transaction signifies a decrease in Anchorage Capital Group’s stake in Shelf Drilling, potentially impacting the company’s shareholder composition and market perception.

The most recent analyst rating on (SHLLF) stock is a Hold with a NOK14.00 price target. To see the full list of analyst forecasts on Shelf Drilling stock, see the SHLLF Stock Forecast page.

More about Shelf Drilling

Average Trading Volume: 2,045,404

Current Market Cap: NOK4.71B

For an in-depth examination of SHLLF stock, go to TipRanks’ Overview page.

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