Epsilon Energy Ltd. (NASDAQ:EPSN) Short Interest Update
From MarketBeat:
Epsilon Energy Ltd. (NASDAQ:EPSN) saw a significant increase in short interest in December, with short interest totaling 315,900 shares, up 15.2% from the previous month. The short-interest ratio is 6.7 days, with 1.5% of the shares being short sold.
Epsilon Energy’s stock traded up to $5.08 on Monday, with a trading volume of 40,600 shares. The company’s market cap is $112.57 million, with a P/E ratio of 8.47 and a beta of 0.37.
The company released its quarterly earnings results on November 9th, reporting $0.02 EPS for the quarter and a net margin of 36.67% and a return on equity of 13.32%. The firm had revenue of $6.31 million during the quarter.
Epsilon Energy recently declared a quarterly dividend, paying a dividend of $0.063 per share on December 29th, with a payout ratio of 41.67% and a dividend yield of 4.96%.
Several institutional investors and hedge funds have recently added to or reduced their stakes in EPSN, with institutional investors owning 64.35% of the company’s stock.
Epsilon Energy Ltd. operates in the acquisition, development, gathering, and production of natural oil and gas reserves in the United States, with natural gas production in Pennsylvania and oil, natural gas liquids, and natural gas production in Oklahoma.
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