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Chuck Royce Continues to Sell Cosi

Chuck Royce, Cosi: In a new filing with the SEC, Chuck Royce‘s Royce & Associates reported lowering its position in restaurant franchise Cosi Inc (NASDAQ:COSI) to 4.14% of its outstanding shares. In this way, Royce now owns 748,441 shares of the company, down from 1,087,126 reported about a week earlier. This is the third decrease that Chuck Royce has initiated in Cosi since his last 13F filing. Last week, Royce took two steps, and reduced the position to 7.12% and then to 6.01%.

Chuck Royce

Disclosure: none

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