Marathon Capital Management Lowers stake in Hudson Technologies (HDSN)

Hudson Technologies (HDSN) : Marathon Capital Management reduced its stake in Hudson Technologies by 0.14% during the most recent quarter end. The investment management company now holds a total of 1,360,496 shares of Hudson Technologies which is valued at $6,952,135 after selling 1,950 shares in Hudson Technologies , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Hudson Technologies makes up approximately 3.63% of Marathon 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.Thompson Davis boosted its stake in HDSN in the latest quarter, The investment management firm added 2,000 additional shares and now holds a total of 35,500 shares of Hudson Technologies which is valued at $168,980. Hudson Technologies makes up approx 0.26% of Thompson Davis’s portfolio. Fny Managed Accounts added HDSN to its portfolio by purchasing 10,000 company shares during the most recent quarter which is valued at $49,500. Hudson Technologies makes up approx 0.05% of Fny Managed Accounts’s portfolio.

Hudson Technologies opened for trading at $5.46 and hit $5.5 on the upside on Friday, eventually ending the session at $5.43, with a gain of 0.18% or 0.01 points. The heightened volatility saw the trading volume jump to 3,01,393 shares. Company has a market cap of $183 M.

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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