LiqTech International Inc (NYSEAMERICAN:LIQT) dropped 10.6% during mid-day trading on Monday . The company traded as low as $1.51 and last traded at $1.52. Approximately 1,624,450 shares were traded during mid-day trading, an increase of 218% from the average daily volume of 510,781 shares. The stock had previously closed at $1.70.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Penn Capital Management Co. Inc. purchased a new position in shares of LiqTech International during the 2nd quarter worth $671,000. WealthTrust Axiom LLC increased its position in shares of LiqTech International by 14.2% during the 2nd quarter. WealthTrust Axiom LLC now owns 1,622,414 shares of the industrial goods maker’s stock worth $1,208,000 after purchasing an additional 201,678 shares during the last quarter. Finally, Manatuck Hill Partners LLC increased its position in shares of LiqTech International by 220.0% during the 2nd quarter. Manatuck Hill Partners LLC now owns 2,405,351 shares of the industrial goods maker’s stock worth $1,791,000 after purchasing an additional 1,653,751 shares during the last quarter.

LiqTech International Company Profile (NYSEAMERICAN:LIQT)

LiqTech International, Inc, a clean technology company, provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company manufactures and sells ceramic silicon carbide membranes and systems for liquid filtration under the LiqTech, Cometas, and Provital brand names, which are used for the filtration of produced water, pre-filtration of reverse osmosis drinking water, industrial applications, producing clean drinking water, and pool and spa water, as well as marine scrubber bleed water.

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