Jane Street Group LLC Has $345,000 Holdings in Montauk Renewables, Inc. (NASDAQ:MNTK)

Jane Street Group LLC lessened its position in shares of Montauk Renewables, Inc. (NASDAQ:MNTK) by 31.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 62,737 shares of the company’s stock after selling 29,305 shares during the quarter. Jane Street Group LLC’s holdings in Montauk Renewables were worth $345,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. State Street Corp lifted its holdings in shares of Montauk Renewables by 1.6% in the 3rd quarter. State Street Corp now owns 1,613,351 shares of the company’s stock worth $8,406,000 after purchasing an additional 25,732 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Montauk Renewables in the 3rd quarter worth $114,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Montauk Renewables by 16.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 70,749 shares of the company’s stock worth $369,000 after purchasing an additional 9,756 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Montauk Renewables by 14.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 32,611 shares of the company’s stock worth $186,000 after purchasing an additional 4,176 shares in the last quarter. Finally, GSA Capital Partners LLP lifted its holdings in shares of Montauk Renewables by 481.1% in the 3rd quarter. GSA Capital Partners LLP now owns 72,647 shares of the company’s stock worth $378,000 after purchasing an additional 60,145 shares in the last quarter. Institutional investors and hedge funds own 16.35% of the company’s stock.

Montauk Renewables Price Performance

Shares of NASDAQ:MNTK opened at $4.34 on Thursday. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.17. The stock’s fifty day simple moving average is $4.38 and its two-hundred day simple moving average is $4.89. Montauk Renewables, Inc. has a 1-year low of $3.38 and a 1-year high of $8.41. The stock has a market cap of $622.22 million, a PE ratio of 27.13 and a beta of -0.26.

About Montauk Renewables

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 captures methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid.