Gamco, Gabelli investors increase ownership of Oil-Dri stock by 1%

By Lisa Kerner

Charlotte, N.C., June 22 - Oil-Dri Corp. investors led by Gamco Asset Management and Gabelli Funds, LLC bought 49,800 shares of the company's stock between June 13 and June 20, priced from $16.84 to $17.29 per share.

The reporting persons beneficially own 602,850 shares, or 12.15%, of Oil-Dri's outstanding stock, according to a schedule 13D filing with the Securities and Exchange Commission.

On June 13, the investors reported an 11.15% stake in the Chicago-based sorbent products company, up from an 8.96% stake on June 8.

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