Epsilon Energy Ltd. (NASDAQ:EPSN) Short Interest Update

Epsilon Energy Ltd. (NASDAQ:EPSNGet Free Report) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 280,600 shares, a decrease of 11.2% from the December 15th total of 315,900 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average daily volume of 50,300 shares, the short-interest ratio is currently 5.6 days.

Epsilon Energy Price Performance

Shares of NASDAQ:EPSN opened at $4.79 on Thursday. Epsilon Energy has a 1 year low of $4.72 and a 1 year high of $6.45. The stock’s 50-day moving average is $5.16 and its 200 day moving average is $5.40. The company has a market cap of $106.15 million, a PE ratio of 7.98 and a beta of 0.37.

Epsilon Energy (NASDAQ:EPSNGet Free Report) last announced its earnings results on Thursday, November 9th. The company reported $0.02 EPS for the quarter. The company had revenue of $6.31 million during the quarter. Epsilon Energy had a return on equity of 13.32% and a net margin of 36.67%.

Epsilon Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were given a $0.063 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.25 annualized dividend and a dividend yield of 5.26%. Epsilon Energy’s dividend payout ratio is 41.67%.

Hedge Funds Weigh In On Epsilon Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sheaff Brock Investment Advisors LLC boosted its position in Epsilon Energy by 20.1% during the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 14,100 shares of the company’s stock valued at $75,000 after acquiring an additional 2,361 shares in the last quarter. BlackRock Inc. boosted its position in shares of Epsilon Energy by 5.6% during the third quarter. BlackRock Inc. now owns 48,309 shares of the company’s stock valued at $305,000 after purchasing an additional 2,563 shares in the last quarter. Morgan Stanley boosted its position in shares of Epsilon Energy by 24.1% during the fourth quarter. Morgan Stanley now owns 14,824 shares of the company’s stock valued at $98,000 after purchasing an additional 2,883 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Epsilon Energy by 139.0% in the first quarter. Tower Research Capital LLC TRC now owns 5,381 shares of the company’s stock worth $28,000 after purchasing an additional 3,130 shares during the period. Finally, Trexquant Investment LP raised its holdings in Epsilon Energy by 8.7% in the third quarter. Trexquant Investment LP now owns 40,135 shares of the company’s stock worth $212,000 after purchasing an additional 3,227 shares in the last quarter. Hedge funds and other institutional investors own 64.35% of the company’s stock.

Epsilon Energy Company Profile

(Get Free Report)

Epsilon Energy Ltd., a natural gas and oil company, engages in the acquisition, development, gathering, and production of natural oil and gas reserves in the United States. The company operates through Upstream and Gathering System segments. It has natural gas production in the Marcellus Shale in Pennsylvania; and oil, natural gas liquids, and natural gas production in the Anadarko Basin in Oklahoma.

Further Reading

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