CLEVELAND-CLIFFS INC NEW

Ticker: CLF CUSIP: 185899101 Class: COM

Penn Capital Management Company, LLC's Holding History (CIK: 0001158202)

Note: Option positions (PUT/CALL) are excluded.

Q3 2019

Shares 627,432 Value ($000) $4,530 Avg Close $8.67 Range $6.39 - $11.18

Q2 2019

Shares 580,242 Value ($000) $6,191 Avg Close $9.44 Range $8.10 - $10.56

Q1 2019

Shares 608,435 Value ($000) $6,078 Avg Close $9.53 Range $7.05 - $11.68

Q4 2018

Shares 613,272 Value ($000) $5,184 Avg Close $9.47 Range $7.01 - $12.25

Q3 2018

Shares 524,010 Value ($000) $7,332 Avg Close $9.74 Range $7.68 - $12.40

Q2 2018

Shares 955,423 Value ($000) $8,066 Avg Close $7.54 Range $6.30 - $8.65

Q3 2017

Shares 1,337,648 Value ($000) $9,496 Avg Close $7.07 Range $6.11 - $8.30

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2019	627,432	$4,530	$8.67	$6.39 - $11.18
Q2 2019	580,242	$6,191	$9.44	$8.10 - $10.56
Q1 2019	608,435	$6,078	$9.53	$7.05 - $11.68
Q4 2018	613,272	$5,184	$9.47	$7.01 - $12.25
Q3 2018	524,010	$7,332	$9.74	$7.68 - $12.40
Q2 2018	955,423	$8,066	$7.54	$6.30 - $8.65
Q3 2017	1,337,648	$9,496	$7.07	$6.11 - $8.30