Lone Star Value Management buys $2,381,250 stake in Superior Drilling Products (SDPI)

Superior Drilling Products (SDPI) : Lone Star Value Management scooped up 120,327 additional shares in Superior Drilling Products during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 1,905,000 shares of Superior Drilling Products which is valued at $2,381,250.Superior Drilling Products makes up approximately 4.92% of Lone Star Value Management’s portfolio.

Other Hedge Funds, Including , Fmr boosted its stake in SDPI in the latest quarter, The investment management firm added 48,814 additional shares and now holds a total of 2,005,259 shares of Superior Drilling Products which is valued at $2,506,574.Blackrock Fund Advisors boosted its stake in SDPI in the latest quarter, The investment management firm added 128 additional shares and now holds a total of 1,553 shares of Superior Drilling Products which is valued at $1,941.Tower Research Capital (trc) boosted its stake in SDPI in the latest quarter, The investment management firm added 560 additional shares and now holds a total of 600 shares of Superior Drilling Products which is valued at $750.

Superior Drilling Products closed down -0.07 points or -5.74% at $1.15 with 47,634 shares getting traded on Thursday. Post opening the session at $1.22, the shares hit an intraday low of $1.1 and an intraday high of $1.2201 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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