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Wed Sep 25 07:19:13 UTC 2024: ## Victory Capital Management Increases Stake in Rocky Brands
**New York, NY** – Victory Capital Management Inc. has increased its stake in Rocky Brands, Inc. (NASDAQ:RCKY) by 29.5% during the second quarter, according to HoldingsChannel. The investment firm now owns 2,710 shares of the textile maker, valued at $100,000. This move follows a trend of institutional investors showing interest in Rocky Brands, with other notable investors including BNP Paribas Financial Markets, SG Americas Securities LLC, Yarger Wealth Strategies LLC, Ritholtz Wealth Management, and Empowered Funds LLC, all acquiring new positions or increasing their holdings in the company.
Rocky Brands designs, manufactures, and markets footwear and apparel in the United States, Canada, and internationally. The company operates through three segments: Wholesale, Retail, and Contract Manufacturing.
The stock opened at $29.45 on Wednesday, with a market cap of $218.61 million. The company recently announced a quarterly dividend of $0.155 per share, paid on Tuesday, September 17th.
Rocky Brands has a twelve-month low of $11.77 and a twelve-month high of $40.14. The company’s financial performance is solid, with a quick ratio of 0.85, a current ratio of 2.87, and a debt-to-equity ratio of 0.64.
**Institutional investors now own 75.06% of Rocky Brands’ stock.**
For more information on hedge funds holdings and insider trades for Rocky Brands, Inc., visit HoldingsChannel.com.