Weber Alan W buys $1,368,169 stake in Rand Logistics (RLOG)

Rand Logistics (RLOG) : Weber Alan W scooped up 1,000 additional shares in Rand Logistics during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 1,396,091 shares of Rand Logistics which is valued at $1,368,169.Rand Logistics makes up approximately 0.87% of Weber Alan W’s portfolio.

Other Hedge Funds, Including , Bard Associates Inc reduced its stake in RLOG by selling 10,010 shares or 6.6% in the most recent quarter. The Hedge Fund company now holds 141,695 shares of RLOG which is valued at $138,861. Rand Logistics makes up approx 0.07% of Bard Associates Inc’s portfolio.Blackrock Fund Advisors reduced its stake in RLOG by selling 14,914 shares or 23.04% in the most recent quarter. The Hedge Fund company now holds 49,809 shares of RLOG which is valued at $48,813. Wesbanco Bank Inc added RLOG to its portfolio by purchasing 12,000 company shares during the most recent quarter which is valued at $11,760.

Rand Logistics (RLOG) witnessed a volatile trading activity on Tuesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $0.86 and reached the intraday high at $0.9. The bulls started the profit booking and pushed the shares to intraday low of $0.84. The trading session was marked by a volume range of 48,313 shares exchanging hands. The 52-week high of the shares is $2.79 and the 52-week low is $0.73. The market cap of the company stands at $16 M and there are 1,83,60,397 shares in public circulation.

Rand Logistics Inc. is a provider of bulk freight shipping services. Through its subsidiaries the Company operates a fleet of over 10 self-unloading bulk carriers including eight River Class vessels and one River Class integrated tug/barge unit and three conventional bulk carriers of which one are operated under a contract of affreightment. Its shipping business is operated in Canada by Lower Lakes Towing and in the United States by Lower Lakes Transportation. Lower Lakes Towing provides marine transportation services to dry bulk goods suppliers and purchasers operating in ports on the Great Lakes and is a service shipping company with a fleet of over 15 cargo-carrying vessels. It transports construction aggregates coal iron ore salt grain and other dry bulk commodities for customers in the construction electric utility integrated steel and food industries. Its fleet consists of the vessels including Cuyahoga Michipicoten Mississagi Saginaw and Ojibway among others.

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