Hallador Energy (NASDAQ:HNRG) Short Interest Up 17.9% in February

Hallador Energy (NASDAQ:HNRG) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 1,840,000 shares, a growth of 17.9% from the February 13th total of 1,560,000 shares. Based on an average trading volume of 432,200 shares, the short-interest ratio is currently 4.3 days. Currently, 6.6% of the company’s shares are sold short.

Institutional Investors Weigh In On Hallador Energy

Several large investors have recently made changes to their positions in the stock. Oppenheimer Asset Management Inc. boosted its stake in Hallador Energy by 108.7% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 22,556 shares of the energy company’s stock worth $213,000 after purchasing an additional 11,750 shares during the period. Empowered Funds LLC lifted its holdings in shares of Hallador Energy by 5.3% in the third quarter. Empowered Funds LLC now owns 221,897 shares of the energy company’s stock valued at $2,092,000 after purchasing an additional 11,256 shares in the last quarter. Thompson Siegel & Walmsley LLC acquired a new position in shares of Hallador Energy during the third quarter worth about $351,000. Pekin Hardy Strauss Inc. grew its holdings in shares of Hallador Energy by 87.7% during the third quarter. Pekin Hardy Strauss Inc. now owns 140,950 shares of the energy company’s stock worth $1,329,000 after buying an additional 65,850 shares in the last quarter. Finally, Taconic Capital Advisors LP acquired a new stake in Hallador Energy in the 3rd quarter valued at approximately $4,147,000. Institutional investors own 61.38% of the company’s stock.

Hallador Energy Trading Up 2.2 %

NASDAQ:HNRG traded up $0.27 on Thursday, reaching $12.30. The company’s stock had a trading volume of 69,923 shares, compared to its average volume of 507,994. The firm has a market cap of $524.19 million, a PE ratio of -22.39 and a beta of 0.55. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.17 and a current ratio of 0.58. The business’s 50-day moving average price is $10.97 and its two-hundred day moving average price is $10.52. Hallador Energy has a 1-year low of $4.33 and a 1-year high of $14.00.

Hallador Energy (NASDAQ:HNRG) last issued its quarterly earnings data on Monday, March 17th. The energy company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. The business had revenue of $94.80 million during the quarter, compared to analyst estimates of $102.46 million. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. Equities research analysts anticipate that Hallador Energy will post -0.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Alliance Global Partners began coverage on shares of Hallador Energy in a report on Monday, December 9th. They set a “buy” rating and a $17.00 price objective for the company.

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.