Quercus sells more Spire shares, keeps 6.9% stake

By Lisa Kerner

Charlotte, N.C., Nov. 5 - Spire Corp. investor Quercus Trust sold 89,374 shares of the company's stock, reducing its stake to 6.9% from 8%.

The shares were sold between Oct. 7 and Nov. 4 for $8.17 to $13.89 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Quercus reported the sale of 85,849 shares of the company's stock between Aug. 29 and Oct. 6 at prices from $9.12 to $14.93 each in a prior SEC filing.

Quercus beneficially owns 576,101 shares of the Bedford, Mass., company's stock.

Spire develops engineered products in the areas of photovoltaic solar, biomedical and optoelectronics.

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