OHA Investment Corp (OHAI): August Confirms Purchasing Rampage

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Glenn R. August, Director at OHA Investment Corp (NASDAQ:OHAI) disclosed today the acquisition of 9,600 shares of common stock at a weighted average purchase price of $6.4701 on October 28, 2014. This is Mr. August’s nineteenth purchase this year, all in the month of October, and now indirectly owns a total of 303,548 shares.

No other insider has been acquiring the stock this year. The last reported purchases have been Edward W. Blessing’s, Director at OHA Investment (NASDAQ:OHAI), 2012-2013 purchasing binge.

Derek C. Schrier’s Indaba Capital Management is the largest shareholding institution (amongst those we track) at OHA Investment Corp (NASDAQ:OHAI) with a total of 612,125 shares, valued at an estimate $3.9 million, after reporting a 2% stock increment for the second filling period of 2014.

OHA Investment Corp (NASDAQ:OHAI) formerly NGP Capital Resources Company, is a financial services company, which invests primarily in small and mid-size private energy companies.

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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