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

Everest Consolidator Acquisition Co. (NYSE:MNTNGet Free Report)’s share 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 mid-day 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 Stock Performance

The firm’s 50-day moving average is $11.17 and its 200 day moving average is $10.99.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MNTN. Virtu Financial LLC purchased a new position in shares of Everest Consolidator Acquisition in the 4th quarter worth about $343,000. Warberg Asset Management LLC raised its holdings in Everest Consolidator Acquisition by 90.4% in the fourth 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. Meteora Capital LLC acquired a new position in Everest Consolidator Acquisition during the third quarter valued at approximately $1,362,000. 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 raised its stake in shares of Everest Consolidator Acquisition by 72.4% in the 3rd quarter. Walleye Trading LLC now owns 150,009 shares of the company’s stock valued at $1,623,000 after acquiring an additional 63,000 shares during the period. Institutional investors and hedge funds own 72.90% of the company’s stock.

Everest Consolidator Acquisition Company Profile

(Get Free Report)

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.

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