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

Everest Consolidator Acquisition Co. (NYSE:MNTN) shares traded up 1.4% on Wednesday . The stock traded as high as $11.40 and last traded at $11.40. 322 shares were traded during trading, a decline of 99% from the average session volume of 48,781 shares. The stock had previously closed at $11.24.

Everest Consolidator Acquisition Stock Up 1.4 %

The business’s fifty day simple moving average is $11.15 and its 200 day simple moving average is $10.99.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Cowen AND Company LLC boosted its holdings in Everest Consolidator Acquisition by 272.1% during the fourth quarter. Cowen AND Company LLC now owns 698,401 shares of the company’s stock worth $7,641,000 after purchasing an additional 510,718 shares during the last quarter. Westchester Capital Management LLC boosted its stake in Everest Consolidator Acquisition by 140.7% in the third quarter. Westchester Capital Management LLC now owns 690,580 shares of the company’s stock valued at $7,472,000 after acquiring an additional 403,636 shares during the last quarter. Walleye Capital LLC boosted its stake in Everest Consolidator Acquisition by 72.4% in the third quarter. Walleye Capital LLC now owns 266,684 shares of the company’s stock valued at $2,886,000 after acquiring an additional 112,000 shares during the last quarter. Walleye Trading LLC boosted its stake in Everest Consolidator Acquisition by 72.4% in the third 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 last quarter. Finally, Picton Mahoney Asset Management purchased a new position in Everest Consolidator Acquisition in the fourth quarter valued at about $1,640,000. 72.90% of the stock is owned by institutional investors.

About Everest Consolidator Acquisition

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.