PANGAEA LOGISTICS SOLUTION L

Ticker: PANL CUSIP: G6891L105 Class: Foreign Stock

DENALI ADVISORS LLC's Holding History (CIK: 0001142941)

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

Q1 2021

Shares 29,120 Value ($000) $92 Avg Close $2.36 Range $2.06 - $3.02

Q4 2020

Shares 29,120 Value ($000) $81 Avg Close $2.18 Range $1.85 - $2.72

Q3 2020

Shares 28,530 Value ($000) $74 Avg Close $1.78 Range $1.56 - $2.32

Q2 2020

Shares 31,600 Value ($000) $79 Avg Close $1.69 Range $1.39 - $2.27

Q1 2020

Shares 31,600 Value ($000) $63 Avg Close $2.08 Range $1.24 - $2.45

Q4 2019

Shares 32,363 Value ($000) $95 Avg Close $2.40 Range $2.21 - $2.59

Q3 2019

Shares 660 Value ($000) $2 Avg Close $2.52 Range $2.06 - $2.73

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2021	29,120	$92	$2.36	$2.06 - $3.02
Q4 2020	29,120	$81	$2.18	$1.85 - $2.72
Q3 2020	28,530	$74	$1.78	$1.56 - $2.32
Q2 2020	31,600	$79	$1.69	$1.39 - $2.27
Q1 2020	31,600	$63	$2.08	$1.24 - $2.45
Q4 2019	32,363	$95	$2.40	$2.21 - $2.59
Q3 2019	660	$2	$2.52	$2.06 - $2.73