Wolverine Asset Management LLC Buys New Stake in Reservoir Media, Inc. (NASDAQ:RSVRW)

Wolverine Asset Management LLC acquired a new position in shares of Reservoir Media, Inc. (NASDAQ:RSVRW) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 23,866 shares of the company’s stock, valued at approximately $39,000.

Separately, Walleye Capital LLC increased its position in shares of Reservoir Media by 8.4% during the third quarter. Walleye Capital LLC now owns 1,869,655 shares of the company’s stock worth $2,711,000 after purchasing an additional 145,629 shares in the last quarter.

Reservoir Media Price Performance

Shares of NASDAQ RSVRW opened at $1.25 on Monday. The business has a 50-day moving average price of $1.02 and a 200 day moving average price of $1.23. Reservoir Media, Inc. has a 52-week low of $0.71 and a 52-week high of $1.79.

About Reservoir Media

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.