Maso Capital Partners Ltd Increases Holdings in Naked Brand Group Ltd (NASDAQ:NAKD)

Maso Capital Partners Ltd boosted its holdings in shares of Naked Brand Group Ltd (NASDAQ:NAKD) by 58.9% in the first quarter, Holdings Channel reports. The fund owned 2,118,432 shares of the company’s stock after buying an additional 785,098 shares during the quarter. Naked Brand Group comprises about 0.5% of Maso Capital Partners Ltd’s investment portfolio, making the stock its 16th biggest holding. Maso Capital Partners Ltd owned about 0.07% of Naked Brand Group worth $667,000 at the end of the most recent reporting period.

NAKD traded down $0.01 during midday trading on Thursday, reaching $0.29. 3,100 shares of the company’s stock were exchanged, compared to its average volume of 859,907. Naked Brand Group Ltd has a 1-year low of $0.24 and a 1-year high of $11.36.

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About Naked Brand Group

Naked Brand Group Limited designs, manufactures, and markets intimate, apparel, and swimwear products worldwide. The company has a portfolio of 11 company-owned and licensed brands, including Heidi Klum Intimates, Heidi Klum Accessories, Bendon, Fayreform, Pleasure State, Lovable, Heidi Klum Swim, Naked, Hickory, Bendon Man, and Davenport.

Read More: Intrinsic Value and Stock Selection

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