Wolverine Asset Management LLC Has $123,000 Stake in Reservoir Media, Inc. (NASDAQ:RSVRW)

Wolverine Asset Management LLC boosted its position in Reservoir Media, Inc. (NASDAQ:RSVRW) by 94.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 85,144 shares of the company’s stock after buying an additional 41,337 shares during the period. Wolverine Asset Management LLC’s holdings in Reservoir Media were worth $123,000 at the end of the most recent quarter.

Reservoir Media Trading Up 25.6 %

Shares of NASDAQ RSVRW opened at $0.98 on Tuesday. The firm’s 50-day moving average price is $1.03 and its 200-day moving average price is $1.12. Reservoir Media, Inc. has a 1-year low of $0.63 and a 1-year high of $1.60.

Reservoir Media 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.