Wilen Investment Management Corp. Lowers stake in Core Molding Technologies (CMT)

Core Molding Technologies (CMT) : Wilen Investment Management Corp. reduced its stake in Core Molding Technologies by 0.78% during the most recent quarter end. The investment management company now holds a total of 101,300 shares of Core Molding Technologies which is valued at $1,655,242 after selling 800 shares in Core Molding Technologies , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Core Molding Technologies makes up approximately 1.03% of Wilen Investment Management Corp.’s portfolio.

Other Hedge Funds, Including , Strs Ohio sold out all of its stake in CMT during the most recent quarter. The investment firm sold 9,100 shares of CMT which is valued $155,701.James Investment Research Inc boosted its stake in CMT in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 2,629 shares of Core Molding Technologies which is valued at $38,015. Creative Planning sold out all of its stake in CMT during the most recent quarter. The investment firm sold 3,000 shares of CMT which is valued $41,880.

Core Molding Technologies opened for trading at $16.21 and hit $16.7 on the upside on Monday, eventually ending the session at $16.44, with a gain of 0.49% or 0.08 points. The heightened volatility saw the trading volume jump to 47,880 shares. Company has a market cap of $127 M.

Core Molding Technologies Inc. (Core Molding Technologies) is a plastic manufacturing company. The Company along with its subsidiaries operates in the plastics market in a family of products known as reinforced plastics. Core Molding Technologies is a manufacturer of sheet molding compound (SMC) and molder of fiberglass reinforced plastics. It is engaged in large-format moldings and offers a range of fiberglass processes including compression molding of SMC glass mat thermoplastics (GMT) and bulk molding compounds (BMC) spray-up hand-lay-up and resin transfer molding (RTM). Additionally the Company offers reaction injection molding (RIM) utilizing dicyclopentadiene technology. Core Molding Technologies operates four production facilities in Columbus Ohio; Batavia Ohio; Gaffney South Carolina and Matamoros Mexico. The Company supplies reinforced plastic products to truck manufacturers automotive suppliers and manufacturers of marine and other commercial products.

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