Walleye Capital LLC Has $2.61 Million Stake in Reservoir Media, Inc. (NASDAQ:RSVRW)

Walleye Capital LLC cut its stake in shares of Reservoir Media, Inc. (NASDAQ:RSVRW) by 0.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,799,372 shares of the company’s stock after selling 13,597 shares during the quarter. Walleye Capital LLC’s holdings in Reservoir Media were worth $2,609,000 at the end of the most recent quarter.

Separately, Wolverine Asset Management LLC lifted its holdings in Reservoir Media by 94.4% in the fourth quarter. Wolverine Asset Management LLC now owns 85,144 shares of the company’s stock valued at $123,000 after buying an additional 41,337 shares during the period.

Reservoir Media Trading Down 2.9 %

Shares of Reservoir Media stock opened at $1.01 on Friday. The business has a 50-day moving average price of $0.97 and a two-hundred day moving average price of $1.12. Reservoir Media, Inc. has a 1-year low of $0.63 and a 1-year high of $1.60.

Reservoir Media Company Profile

Reservoir Media, Inc operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs.