Northern Right Capital Management Lowers stake in Hudson Technologies (HDSN)

Hudson Technologies (HDSN) : Northern Right Capital Management reduced its stake in Hudson Technologies by 25.12% during the most recent quarter end. The investment management company now holds a total of 1,390,262 shares of Hudson Technologies which is valued at $7,104,239 after selling 466,388 shares in Hudson Technologies , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Hudson Technologies makes up approximately 9.25% of Northern Right Capital Management’s portfolio.

Other Hedge Funds, Including , Vanguard Group Inc boosted its stake in HDSN in the latest quarter, The investment management firm added 5,133 additional shares and now holds a total of 751,974 shares of Hudson Technologies which is valued at $3,842,587.Rmb Capital Management reduced its stake in HDSN by selling 10,957 shares or 1.4% in the most recent quarter. The Hedge Fund company now holds 774,146 shares of HDSN which is valued at $3,855,247. Hudson Technologies makes up approx 0.26% of Rmb Capital Management’s portfolio.

Hudson Technologies closed down -0.16 points or -2.47% at $6.31 with 3,65,007 shares getting traded on Thursday. Post opening the session at $6.43, the shares hit an intraday low of $6.23 and an intraday high of $6.5 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Hudson Technologies Inc. (Hudson) is a refrigerant services company. The Company provides solutions to recurring problems within the refrigeration industry. The Company’s products and services are primarily used in commercial air conditioning industrial processing and refrigeration systems and include refrigerant sales; refrigerant management services and RefrigerantSide Services performed at a customer’s site consisting of system decontamination to remove moisture oils and other contaminants. In addition RefrigerantSide services include predictive and diagnostic services for industrial and commercial refrigeration applications. Its Chiller Chemistry Chill Smart Fluid Chemistry and Performance Optimization are predictive and diagnostic service offerings. The Company also participates in the generation of carbon offset projects. The Company also delivers global energy services (GES) offerings to industrial and commercial companies both in the United States and internationally.

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