In the third quarter, California-based First Wilshire Securities Management added 431,403 shares of Huntsman, increasing its stake by $2.87 million. The overall holding value now stands at $10.13 million. Huntsman Corporation manufactures specialty chemicals for various industries like automotive, construction, and textiles. Despite a challenging market, Huntsman generated $200 million in operating cash flow and $157 million in free cash flow in the third quarter. The company’s balance sheet remains strong with liquidity of approximately $1.4 billion. Huntsman shares were priced at $9.90 as of Wednesday.

Read more at Nasdaq: Huntsman Stock Is Down 45% This Past Year, but One Fund Is Doubling Down With a $10 Million Bet