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Anyone know what this is?


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Fixed slider release........tighten screw to downrigger cable,  halfhitch rubberband from downrigger line through hole.   Most just halfhitch rubberband right to downrigger cable and put through a snap swivel and downrigger line.    Haven't used one of those in years

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That is a snapper stacker rigger release.  They are used for stacking rods or regular rigger releases.  I used to use them on my boat back in the day when we stacked rods.  They work good but you have to double rubberband them and twist the rubberband good or the line slips through the rubberband. 

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