Orchids Paper Products Co. (fka TISUQ)

[FUNMAN]

Rutabaga Capital Management LLC MA Has $3.89 Million Stake in Orchids Paper

Products Company (TIS)
Posted by Xavier Holt on Oct 14th, 2017

Rutabaga Capital Management LLC MA grew its stake in shares of Orchids Paper Products Company (NYSEMKT:TIS) by 46.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 300,636 shares of the basic materials company’s stock after buying an additional 95,026 shares during the period. Rutabaga Capital Management LLC MA owned 2.88% of Orchids Paper Products worth $3,893,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TIS. Rhumbline Advisers increased its position in shares of Orchids Paper Products by 6.8% during the second quarter. Rhumbline Advisers now owns 10,092 shares of the basic materials company’s stock valued at $131,000 after buying an additional 646 shares during the period. Neuberger Berman Group LLC increased its position in shares of Orchids Paper Products by 16.0% during the second quarter. Neuberger Berman Group LLC now owns 10,150 shares of the basic materials company’s stock valued at $131,000 after buying an additional 1,400 shares during the period. Icon Advisers Inc. Co. bought a new stake in shares of Orchids Paper Products during the second quarter valued at about $131,000. Bank of America Corp DE increased its position in shares of Orchids Paper Products by 61.2% during the first quarter. Bank of America Corp DE now owns 5,480 shares of the basic materials company’s stock valued at $132,000 after buying an additional 2,080 shares during the period. Finally, Wilen Investment Management CORP. increased its position in shares of Orchids Paper Products by 20.5% during the second quarter. Wilen Investment Management CORP. now owns 10,571 shares of the basic materials company’s stock valued at $132,000 after buying an additional 1,800 shares during the period.