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

Wolverine Asset Management LLC lifted its holdings in shares of Reservoir Media, Inc. (NASDAQ:RSVRW) by 94.4% in the 4th quarter, HoldingsChannel reports. The fund owned 85,144 shares of the company’s stock after purchasing an additional 41,337 shares during the period. Wolverine Asset Management LLC’s holdings in Reservoir Media were worth $123,000 as of its most recent SEC filing.

Reservoir Media Price Performance

NASDAQ:RSVRW opened at $0.98 on Tuesday. The firm has a 50-day moving average of $1.03 and a 200-day moving average of $1.12. Reservoir Media, Inc. has a one year low of $0.63 and a one year high of $1.60.

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.