QVT Financial Boosts Its Stake in Top Tankers to 2.4 Million Shares

In an amended 13D filing on Top Tankers Inc. (TOPT), QVT Financial LP disclosed an 8.4% stake (2.37 million shares) in the company. This is up from the 6.4% (1.8 million share) stake the firm disclosed in a past filing (December).

The firm said an additional 566,164 shares of Common Stock were purchased by the Fund and the Separate Account between December 26, 2006 and December 29, 2006 for approximately $2.7 million.