Montana Technologies (NASDAQ:AIRJ) Shares Up 9.4%

Montana Technologies Co. (NASDAQ:AIRJ)’s share price shot up 9.4% during trading on Monday . The stock traded as high as $9.75 and last traded at $9.75. 2,290 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 85,038 shares. The stock had previously closed at $8.91.

Montana Technologies Stock Performance

The stock has a 50 day moving average of $10.46.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Montana Technologies stock. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Montana Technologies Co. (NASDAQ:AIRJ) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 15,500 shares of the company’s stock, valued at approximately $160,000. Institutional investors own 63.65% of the company’s stock.

Montana Technologies Company Profile

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.