Pacific Ridge Capital Partners LLC cut its holdings in CRH Medical Corp (NYSEAMERICAN:CRHM) by 22.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,843,220 shares of the company’s stock after selling 544,224 shares during the quarter. CRH Medical comprises 1.9% of Pacific Ridge Capital Partners LLC’s holdings, making the stock its 5th largest position. Pacific Ridge Capital Partners LLC owned 2.54% of CRH Medical worth $7,281,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the business. Ativo Capital Management LLC raised its stake in CRH Medical by 7.1% in the third quarter. Ativo Capital Management LLC now owns 300,079 shares of the company’s stock valued at $1,185,000 after buying an additional 20,002 shares during the last quarter. ClariVest Asset Management LLC purchased a new position in shares of CRH Medical in the third quarter worth about $154,000. Acadian Asset Management LLC purchased a new position in shares of CRH Medical in the third quarter worth about $354,000. Wedge Capital Management L L P NC purchased a new position in shares of CRH Medical in the third quarter worth about $373,000. Finally, Renaissance Technologies LLC raised its stake in shares of CRH Medical by 46.0% in the second quarter. Renaissance Technologies LLC now owns 383,600 shares of the company’s stock worth $1,189,000 after purchasing an additional 120,800 shares during the last quarter.
CRHM traded down $0.02 during trading on Friday, hitting $3.65. The company’s stock had a trading volume of 100 shares, compared to its average volume of 88,023. CRH Medical Corp has a twelve month low of $2.15 and a twelve month high of $4.50.
Several brokerages have recently issued reports on CRHM. Zacks Investment Research upgraded CRH Medical from a “sell” rating to a “hold” rating in a research note on Tuesday, October 9th. TheStreet upgraded CRH Medical from a “c” rating to a “b-” rating in a research note on Friday, August 24th.
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CRH Medical Company Profile
CRH Medical Corporation provides various products and services to gastroenterologists for the treatment of gastrointestinal diseases in the United States, Canada, and internationally. It offers CRH O'Regan system, a single use, disposable, and hemorrhoid banding technology for treating various grades of hemorrhoid.
Further Reading: Stock Symbols and CUSIP Explained
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