Gamco reports 8.96% stake in Oil-Dri

By Lisa Kerner

Charlotte, N.C., June 8 - Oil-Dri Corp. of America shareholders led by Gamco Investors, Inc. sold 155,000 shares of the company's common stock on June 1 resulting in a change of dispositve power and beneficial ownership.

The investors also purchased 5,000 shares on May 14 for $18.00 per share and an additional 5,000 shares on April 24 for $18.11 per share, according to a schedule 13D filing with the Securities and Exchange Commission.

Oil-Dri stock (NYSE: ODC) closed at $17.03 on June 1.

The reporting persons beneficially own 439,750 shares, or 8.96%, of the Chicago-based sorbent products company's outstanding stock.

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