Wolverine Asset Management LLC Takes Position in Reservoir Media, Inc. (NASDAQ:RSVRW)

Wolverine Asset Management LLC acquired a new position in Reservoir Media, Inc. (NASDAQ:RSVRW) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 23,866 shares of the company’s stock, valued at approximately $39,000.

Separately, Walleye Capital LLC boosted its holdings in shares of Reservoir Media by 8.4% in the 3rd quarter. Walleye Capital LLC now owns 1,869,655 shares of the company’s stock valued at $2,711,000 after buying an additional 145,629 shares in the last quarter.

Reservoir Media Stock Up 9.6 %

NASDAQ RSVRW opened at $1.25 on Monday. The firm’s fifty day simple moving average is $1.02 and its two-hundred day simple moving average is $1.23. Reservoir Media, Inc. has a 12-month low of $0.71 and a 12-month 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.