Dynagas LNG Partners LP (NYSE:DLNG) Short Interest Down 30.1% in March

Dynagas LNG Partners LP (NYSE:DLNG - Get Free Report) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 50,900 shares, a decline of 30.1% from the February 28th total of 72,800 shares. Based on an average daily volume of 89,500 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the company's stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. FMR LLC raised its stake in shares of Dynagas LNG Partners by 26.1% in the 3rd quarter. FMR LLC now owns 1,280,800 shares of the shipping company's stock valued at $4,854,000 after purchasing an additional 265,337 shares in the last quarter. Stifel Financial Corp increased its holdings in Dynagas LNG Partners by 158.8% in the third quarter. Stifel Financial Corp now owns 38,300 shares of the shipping company's stock valued at $145,000 after buying an additional 23,500 shares during the last quarter. Sei Investments Co. acquired a new stake in Dynagas LNG Partners during the fourth quarter valued at approximately $75,000. Finally, NewEdge Advisors LLC lifted its holdings in Dynagas LNG Partners by 36.2% during the 4th quarter. NewEdge Advisors LLC now owns 18,390 shares of the shipping company's stock worth $100,000 after buying an additional 4,884 shares during the last quarter.

Dynagas LNG Partners Stock Up 1.9 %

Shares of Dynagas LNG Partners stock traded up $0.07 during trading hours on Tuesday, hitting $3.84. 22,580 shares of the company's stock traded hands, compared to its average volume of 56,502. Dynagas LNG Partners has a twelve month low of $2.81 and a twelve month high of $5.65. The company has a market cap of $141.32 million, a PE ratio of 4.00 and a beta of 1.37. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.95. The stock has a 50 day simple moving average of $4.25 and a 200-day simple moving average of $4.33.

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Dynagas LNG Partners (NYSE:DLNG - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The shipping company reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.04. Dynagas LNG Partners had a return on equity of 14.73% and a net margin of 31.63%. The firm had revenue of $41.66 million during the quarter, compared to analyst estimates of $38.34 million. Equities research analysts anticipate that Dynagas LNG Partners will post 1.08 earnings per share for the current fiscal year.

Dynagas LNG Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Monday, February 24th were issued a $0.049 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.20 annualized dividend and a yield of 5.10%. Dynagas LNG Partners's dividend payout ratio is presently 18.27%.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Dynagas LNG Partners from a "strong-buy" rating to a "buy" rating in a report on Thursday, February 20th.

Dynagas LNG Partners Company Profile

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry in Greece and internationally. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters.