Montana Technologies (NASDAQ:AIRJ) Trading 6.3% Higher

Montana Technologies Co. (NASDAQ:AIRJ) rose 6.3% on Monday . The stock traded as high as $11.14 and last traded at $11.05. Approximately 21,064 shares were traded during trading, a decline of 78% from the average daily volume of 95,396 shares. The stock had previously closed at $10.40.

Montana Technologies Stock Up 0.1 %

The stock’s fifty day moving average price is $11.96.

Montana Technologies (NASDAQ:AIRJ) last announced its quarterly earnings data on Monday, May 20th. The company reported ($0.28) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On Montana Technologies

An institutional investor recently bought a new position in Montana Technologies stock. K2 Principal Fund L.P. bought a new position in shares of Montana Technologies Co. (NASDAQ:AIRJ) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 83,963 shares of the company’s stock, valued at approximately $948,000. K2 Principal Fund L.P. owned approximately 0.47% of Montana Technologies at the end of the most recent quarter. 63.65% of the stock is owned by institutional investors and hedge funds.

About Montana Technologies

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.