New York based fund manager Royce & Associates, LLC. filed a form 13G today (January 26 2011) with the SEC stating that they own 7.67% of Volcom common stock (1.8 million shares) and that these shares are not:
. . . held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
Good to know. Not sure why, but it’s good.
[Link: SEC]
