Rentech investor drops stake to 4.73%

By Lisa Kerner

Charlotte, N.C., March 24 - Rentech, Inc. investors led by Asset Managers International Ltd. sold 263,332 shares of the company's stock between March 3 and March 20 at prices from $0.52 to $0.63 each.

The transactions were reported in a schedule 13D/A filed on Tuesday with the Securities and Exchange Commission.

Asset Managers beneficially owns 7,876,468 shares, or 4.73%, of Los Angeles-based company's outstanding stock.

Rentech develops gas-to-liquid and coal-to-liquid synthetic fuels.

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