Everest Consolidator Acquisition (NYSE:MNTN) Trading 1.4% Higher

Everest Consolidator Acquisition Co. (NYSE:MNTN)’s stock price was up 1.4% during mid-day trading on Wednesday . The company traded as high as $11.40 and last traded at $11.40. Approximately 322 shares traded hands during trading, a decline of 99% from the average daily volume of 48,781 shares. The stock had previously closed at $11.24.

Everest Consolidator Acquisition Trading Up 1.4 %

The business has a 50-day moving average of $11.15 and a 200-day moving average of $10.99.

Hedge Funds Weigh In On Everest Consolidator Acquisition

Several institutional investors have recently bought and sold shares of the company. Virtu Financial LLC purchased a new position in shares of Everest Consolidator Acquisition in the 4th quarter valued at about $343,000. Cowen AND Company LLC boosted its stake in shares of Everest Consolidator Acquisition by 272.1% in the 4th quarter. Cowen AND Company LLC now owns 698,401 shares of the company’s stock valued at $7,641,000 after buying an additional 510,718 shares during the period. Warberg Asset Management LLC boosted its stake in shares of Everest Consolidator Acquisition by 90.4% in the 4th quarter. Warberg Asset Management LLC now owns 70,530 shares of the company’s stock valued at $772,000 after buying an additional 33,485 shares during the period. Picton Mahoney Asset Management purchased a new stake in Everest Consolidator Acquisition during the fourth quarter worth approximately $1,640,000. Finally, Walleye Trading LLC lifted its stake in Everest Consolidator Acquisition by 72.4% during the third quarter. Walleye Trading LLC now owns 150,009 shares of the company’s stock worth $1,623,000 after purchasing an additional 63,000 shares during the last quarter. 72.90% of the stock is owned by institutional investors and hedge funds.

About Everest Consolidator Acquisition

Everest Consolidator Acquisition Corporation does not have significant operations. The company intends to effect merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It focuses on identifying businesses in the financial services sector.