Hallador Energy (NASDAQ:HNRG) Short Interest Update

Hallador Energy (NASDAQ:HNRG) was the recipient of a large decline in short interest in January. As of January 31st, there was short interest totalling 1,620,000 shares, a decline of 11.0% from the January 15th total of 1,820,000 shares. Based on an average trading volume of 517,300 shares, the short-interest ratio is currently 3.1 days. Approximately 5.8% of the shares of the company are sold short.

Insider Buying and Selling at Hallador Energy

In other news, Director David C. Hardie sold 14,893 shares of Hallador Energy stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $13.02, for a total transaction of $193,906.86. Following the transaction, the director now directly owns 2,091,926 shares in the company, valued at approximately $27,236,876.52. This trade represents a 0.71 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 36,221 shares of company stock valued at $471,572 in the last quarter. Corporate insiders own 32.30% of the company’s stock.

Institutional Trading of Hallador Energy

Institutional investors and hedge funds have recently made changes to their positions in the stock. Point72 Asset Management L.P. raised its stake in shares of Hallador Energy by 4,460.2% in the 4th quarter. Point72 Asset Management L.P. now owns 1,097,500 shares of the energy company’s stock valued at $12,566,000 after acquiring an additional 1,073,433 shares in the last quarter. Empyrean Capital Partners LP raised its position in shares of Hallador Energy by 71.0% in the fourth quarter. Empyrean Capital Partners LP now owns 1,325,000 shares of the energy company’s stock valued at $15,171,000 after purchasing an additional 550,000 shares during the period. Highland Peak Capital LLC acquired a new stake in shares of Hallador Energy in the fourth quarter worth $5,895,000. Apis Capital Advisors LLC boosted its holdings in shares of Hallador Energy by 106.9% during the 4th quarter. Apis Capital Advisors LLC now owns 898,000 shares of the energy company’s stock worth $10,282,000 after buying an additional 464,000 shares during the period. Finally, Taconic Capital Advisors LP acquired a new position in Hallador Energy in the 3rd quarter valued at $4,147,000. Institutional investors and hedge funds own 61.38% of the company’s stock.

Wall Street Analyst Weigh In

HNRG has been the subject of a number of recent analyst reports. Alliance Global Partners assumed coverage on shares of Hallador Energy in a research note on Monday, December 9th. They issued a “buy” rating and a $17.00 price objective for the company. B. Riley lifted their price objective on Hallador Energy from $9.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th.

Hallador Energy Stock Up 0.8 %

HNRG stock traded up $0.09 during trading hours on Tuesday, hitting $11.00. The company’s stock had a trading volume of 245,154 shares, compared to its average volume of 458,389. The stock has a 50 day moving average price of $11.61 and a two-hundred day moving average price of $9.92. Hallador Energy has a 12 month low of $4.33 and a 12 month high of $14.00. The company has a market capitalization of $468.82 million, a PE ratio of -20.00 and a beta of 0.66. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16.

About Hallador Energy

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.