Libbey (NYSEAMERICAN:LBY) Shares Up 8.9%

Libbey Inc. (NYSEAMERICAN:LBY)’s stock price shot up 8.9% during trading on Tuesday . The company traded as high as $1.80 and last traded at $1.72, 368,200 shares were traded during mid-day trading. An increase of 60% from the average session volume of 230,276 shares. The stock had previously closed at $1.58.

Large investors have recently modified their holdings of the stock. Marshall Wace LLP acquired a new position in shares of Libbey during the first quarter worth $147,000. Brave Asset Management Inc. acquired a new position in shares of Libbey during the second quarter worth $54,000. Renaissance Technologies LLC increased its position in shares of Libbey by 9.4% during the second quarter. Renaissance Technologies LLC now owns 511,800 shares of the company’s stock worth $952,000 after purchasing an additional 43,800 shares in the last quarter. Parametric Portfolio Associates LLC increased its position in shares of Libbey by 9.8% during the second quarter. Parametric Portfolio Associates LLC now owns 78,828 shares of the company’s stock worth $147,000 after purchasing an additional 7,048 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new position in shares of Libbey during the second quarter worth $81,000.

Libbey Company Profile (NYSEAMERICAN:LBY)

Libbey Inc designs, produces, and sells tableware and other products in the United States, Canada, Latin America, Europe, the Middle East, Africa, and internationally. It offers glass tableware products, including tumblers, stemware, mugs, bowls, vases, salt and pepper shakers, shot glasses, canisters, candleholders, and other items; storage ware; serve ware; bakeware; handmade glass tableware; and other components for original equipment manufacturers, such as blender jars and mixing bowls.

Further Reading: Dividend Aristocrat Index

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