DryShips Inc. (NASDAQ:DRYS)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $4.03, but opened at $4.15. DryShips shares last traded at $4.23, with a volume of 2186700 shares.

The company has a quick ratio of 4.01, a current ratio of 4.01 and a debt-to-equity ratio of 0.11.

The company also recently announced a special dividend, which was paid on Tuesday, November 14th. Stockholders of record on Friday, October 27th were issued a $0.024 dividend. The ex-dividend date of this dividend was Thursday, October 26th. DryShips’s dividend payout ratio (DPR) is presently 0.00%.

Several institutional investors have recently added to or reduced their stakes in the company. FNY Partners Fund LP lifted its holdings in shares of DryShips by 89.8% in the 2nd quarter. FNY Partners Fund LP now owns 28,000 shares of the shipping company’s stock worth $248,000 after acquiring an additional 13,250 shares during the last quarter. Virtu KCG Holdings LLC lifted its holdings in shares of DryShips by 36.6% in the 2nd quarter. Virtu KCG Holdings LLC now owns 137,710 shares of the shipping company’s stock worth $175,000 after acquiring an additional 36,878 shares during the last quarter. KCG Holdings Inc. lifted its holdings in shares of DryShips by 175.0% in the 1st quarter. KCG Holdings Inc. now owns 100,832 shares of the shipping company’s stock worth $166,000 after acquiring an additional 64,168 shares during the last quarter. Finally, Sei Investments Co. bought a new stake in DryShips during the 3rd quarter valued at about $200,000. Hedge funds and other institutional investors own 2.37% of the company’s stock.

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DryShips Company Profile

DryShips, Inc is a holding company. The Company owns drybulk carriers and offshore support vessels. The Company operates through two segments: the drybulk carrier and the offshore support. Under its drybulk segment, the Company operates as a provider of drybulk commodities transportation services for the steel, electric utility, construction and agri-food industries.

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