North Star Investment Management Corp. buys $2,904,200 stake in Rocky Brands Inc (RCKY)

Rocky Brands Inc (RCKY) : North Star Investment Management Corp. scooped up 5,000 additional shares in Rocky Brands Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 280,599 shares of Rocky Brands Inc which is valued at $2,904,200.Rocky Brands Inc makes up approximately 0.52% of North Star Investment Management Corp.’s portfolio.

Other Hedge Funds, Including ,

Rocky Brands Inc opened for trading at $10.35 and hit $10.35 on the upside on Tuesday, eventually ending the session at $10.35, with a gain of 0.49% or 0.05 points. The heightened volatility saw the trading volume jump to 16,173 shares. Company has a market cap of $77 M.

Rocky Brands Inc. is a designer manufacturer and marketer of footwear and apparel marketed under a portfolio of brand names including Rocky Georgia Boot Durango Lehigh Creative Recreation and the licensed brand Michelin. The Company operates its business through three business segments: wholesale retail and military. In its wholesale business the Company distributes its products through a range of distribution channels representing over 10000 retail store locations in the United States and Canada as well as in other international markets. Its retail business includes direct sales of its products to consumers through its consumer and business Websites its Lehigh Outfitters mobile and retail stores (including a fleet of trucks supported by small warehouses that include retail stores which it refer to as mini-stores) and its Rocky outlet store. The Company also sells footwear under the Rocky label to the United States military.

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