Zbi Services L.l.c. Exits Position in Cosi Inc (COSI)

Cosi Inc (COSI) : Zbi Services L.l.c. has sold out all of its stake in Cosi Inc during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 1,154,766 shares of Cosi Inc which is valued at $322,180.

Other Hedge Funds, Including , Mount Lucas Management Lp reduced its stake in COSI by selling 5,000 shares or 2.04% in the most recent quarter. The Hedge Fund company now holds 240,000 shares of COSI which is valued at $66,960. Cosi Inc makes up approx 0.01% of Mount Lucas Management Lp’s portfolio. Blackrock Investment Management sold out all of its stake in COSI during the most recent quarter. The investment firm sold 7,633 shares of COSI which is valued $2,130.

Cosi Inc closed down -0.0064 points or -2.93% at $0.2122 with 10,37,251 shares getting traded on Thursday. Post opening the session at $0.225, the shares hit an intraday low of $0.21 and an intraday high of $0.2278 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Cosi Inc. owns operates and franchises fast-casual restaurants. The Company sells made-to-order hot and cold sandwiches hand-tossed salads bowls breakfast wraps Cosi Squagels hot melts flatbread pizzas S’mores and other desserts. It offers food and beverage products for four dayparts such as breakfast lunch snacking and dinner. It features its hearth-baked signature Cosi bread in two varieties Original and Multi-Grain. Its catering offerings include breakfast baskets lunch buffets box lunches dessert platters parfait bars hot soups steel-cut oatmeal and its menu offerings. Its restaurants are located in a range of markets and trade areas. Hearthstone Associates LLC is the Company’s subsidiary and Hearthstone Partners LLC a wholly owned subsidiary of Hearthstone Associates operates 15 Hearthstone Cosi restaurants.

Leave a Reply

Cosi Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Cosi Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.