Wilen Investment Management Corp. Lowers stake in Delta Apparel (DLA)

Delta Apparel (DLA) : Wilen Investment Management Corp. reduced its stake in Delta Apparel by 2.6% during the most recent quarter end. The investment management company now holds a total of 717,456 shares of Delta Apparel which is valued at $16,171,458 after selling 19,180 shares in Delta Apparel , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Delta Apparel makes up approximately 10.02% of Wilen Investment Management Corp.’s portfolio.

Other Hedge Funds, Including , Clarivest Asset Management boosted its stake in DLA in the latest quarter, The investment management firm added 21 additional shares and now holds a total of 20,916 shares of Delta Apparel which is valued at $499,683. Delta Apparel makes up approx 0.01% of Clarivest Asset Management’s portfolio. American Century Companies Inc added DLA to its portfolio by purchasing 12,001 company shares during the most recent quarter which is valued at $287,904. Strs Ohio added DLA to its portfolio by purchasing 27,300 company shares during the most recent quarter which is valued at $654,927.Acadian Asset Management boosted its stake in DLA in the latest quarter, The investment management firm added 63,416 additional shares and now holds a total of 101,119 shares of Delta Apparel which is valued at $2,509,774. Delta Apparel makes up approx 0.01% of Acadian Asset Management’s portfolio. Bnp Paribas Arbitrage Sa added DLA to its portfolio by purchasing 281 company shares during the most recent quarter which is valued at $6,323.

Delta Apparel opened for trading at $21.87 and hit $22.93 on the upside on Monday, eventually ending the session at $22.92, with a gain of 4.04% or 0.89 points. The heightened volatility saw the trading volume jump to 32,517 shares. Company has a market cap of $177 M.

Delta Apparel Inc. is an apparel design marketing manufacturing and sourcing company. The Company offers a portfolio of lifestyle basics and branded activewear apparel and headwear. The Company operates through two segments: branded and basics. The Company’s branded segment consists of its business units which are focused on specialized apparel garments and headwear including its Salt Life Junkfood and Soffe business. Its basics segment consists of its business units primarily focused on garment styles. The basics segment includes its Delta Activewear which includes Delta Catalog and FunTees and Art Gun business units. It sells casual and athletic products through a range of distribution channels and distribution tiers including specialty stores boutiques department stores mid and mass channels e-retailers and the United Stated military. It also offers products through its Websites at www.saltlife.com www.soffe.com www.junkfoodclothing.com and www.deltaapparel.com.

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