Soooooo... MUFG owns +20% of Morgan Stanley.
Overtime Morgan Stanley has to list as majority owner, so does MUFG
Morgan Stanley bought the stock acting as a prime broker.
Morgan has to say it was the majority holder even though it was holding the stock for other funds.
Morgan was never actually a substantial holder, it was just buying for funds.
There is no actual institutions dumping, although a fund did try to short the stock is down 25% (around $400,000 down)
The more you know.
Ann: Ceasing to be a substantial holder from MUFG, page-12
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20.0¢ |
Change
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Mkt cap ! $202.1M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 8 | 96567 | 20.0¢ |
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|---|---|---|
| 20.5¢ | 128692 | 3 |
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