Verus Financial Partners Exits Position in LRAD Corp (LRAD)

LRAD Corp (LRAD) : Verus Financial Partners has sold out all of its stake in LRAD Corp during the most recent quarter, according to the disclosure filed by the company on Oct 13, 2016 with the SEC. The investment management company has sold out 14,349 shares of LRAD Corp which is valued at $24,393.

Other Hedge Funds, Including , Msi Financial Services Inc added LRAD to its portfolio by purchasing 896 company shares during the most recent quarter which is valued at $1,523.

LRAD Corp closed down -0.04 points or -2.27% at $1.72 with 934 shares getting traded on Tuesday. Post opening the session at $1.7101, the shares hit an intraday low of $1.7 and an intraday high of $1.72 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

LRAD Corporation is engaged in the design development and commercialization of directed sound technologies and products. The Company develops and delivers directed acoustic products that beam focus and control sound over short and long distances. The LRAD-X product line provides a range of systems from single man portable to permanently installed remotely operated. Its product line includes LRAD 2000X LRAD 1000X LRAD 500X LRAD 300X LRAD 100X LRAD-RX and LRAD-360X. It offers a range of directional sound products which meet a range of requirements from communicating with and deterring threats over distances up to 300 meters with its hand-held LRAD 100X to distances greater than 3500 meters with its LRAD 2000X.

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