Walleye Capital LLC Decreases Holdings in Montauk Renewables, Inc. (NASDAQ:MNTK)

Walleye Capital LLC decreased its position in shares of Montauk Renewables, Inc. (NASDAQ:MNTKGet Rating) by 11.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,561 shares of the company’s stock after selling 1,650 shares during the period. Walleye Capital LLC’s holdings in Montauk Renewables were worth $126,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Lazard Asset Management LLC purchased a new stake in Montauk Renewables during the first quarter valued at approximately $52,000. Royal Bank of Canada purchased a new position in shares of Montauk Renewables in the first quarter worth $98,000. PDT Partners LLC purchased a new position in shares of Montauk Renewables in the first quarter worth $115,000. GSA Capital Partners LLP purchased a new position in shares of Montauk Renewables in the first quarter worth $153,000. Finally, Arizona State Retirement System purchased a new position in shares of Montauk Renewables in the second quarter worth $176,000. Hedge funds and other institutional investors own 14.39% of the company’s stock.

Wall Street Analyst Weigh In

Separately, TheStreet raised shares of Montauk Renewables from a “d+” rating to a “c” rating in a report on Wednesday, August 17th.

Montauk Renewables Trading Down 0.8 %

NASDAQ MNTK opened at $12.04 on Monday. The company has a fifty day simple moving average of $15.90 and a two-hundred day simple moving average of $14.18. The stock has a market cap of $1.73 billion, a P/E ratio of 50.17 and a beta of -0.29. Montauk Renewables, Inc. has a 12-month low of $8.78 and a 12-month high of $20.78. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 0.30.

Montauk Renewables Company Profile

(Get Rating)

Montauk Renewables, Inc, a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects that capture methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid.

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Institutional Ownership by Quarter for Montauk Renewables (NASDAQ:MNTK)

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