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

Delta Apparel (DLA) : Wilen Investment Management Corp. reduced its stake in Delta Apparel by 0.4% during the most recent quarter end. The investment management company now holds a total of 736,636 shares of Delta Apparel which is valued at $15,005,275 after selling 2,981 shares in Delta Apparel , the firm said in a disclosure report filed with the SEC on Apr 12, 2016.Delta Apparel makes up approximately 9.91% of Wilen Investment Management Corp.’s portfolio.

Delta Apparel (DLA) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $20.39 and reached the intraday high at $20.55. The bulls started the profit booking and pushed the shares to intraday low of $20.25. The trading session was marked by a volume range of 63,109 shares exchanging hands. The 52-week high of the shares is $20.57 and the 52-week low is $11.54. The market cap of the company stands at $158 M and there are 77,47,557 shares in public circulation.

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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