Dynagas LNG Partners LP (NYSE:DLNG) Short Interest Update

Dynagas LNG Partners LP (NYSE:DLNG - Get Free Report) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 73,100 shares, a growth of 143.7% from the January 31st total of 30,000 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 93,300 shares, the days-to-cover ratio is currently 0.8 days.

Dynagas LNG Partners Stock Down 1.7 %

NYSE DLNG traded down $0.07 during mid-day trading on Tuesday, reaching $3.80. 41,379 shares of the company's stock traded hands, compared to its average volume of 106,149. The company has a market cap of $139.66 million, a price-to-earnings ratio of 3.95 and a beta of 1.36. The company has a fifty day simple moving average of $4.83 and a 200-day simple moving average of $4.31. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.95. Dynagas LNG Partners has a 1-year low of $2.27 and a 1-year high of $5.65.

Dynagas LNG Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Monday, February 24th were given a dividend of $0.049 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.20 dividend on an annualized basis and a yield of 5.16%. Dynagas LNG Partners's dividend payout ratio is currently 19.79%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sei Investments Co. bought a new position in Dynagas LNG Partners in the 4th quarter valued at about $75,000. Apollon Wealth Management LLC lifted its holdings in Dynagas LNG Partners by 17.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 17,780 shares of the shipping company's stock valued at $67,000 after acquiring an additional 2,650 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Dynagas LNG Partners by 36.2% in the 4th quarter. NewEdge Advisors LLC now owns 18,390 shares of the shipping company's stock valued at $100,000 after acquiring an additional 4,884 shares during the last quarter. Stifel Financial Corp lifted its position in shares of Dynagas LNG Partners by 158.8% during the 3rd quarter. Stifel Financial Corp now owns 38,300 shares of the shipping company's stock valued at $145,000 after acquiring an additional 23,500 shares during the last quarter. Finally, FMR LLC lifted its stake in Dynagas LNG Partners by 26.1% during the third quarter. FMR LLC now owns 1,280,800 shares of the shipping company's stock valued at $4,854,000 after buying an additional 265,337 shares in the last quarter.

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Analysts Set New Price Targets

Separately, StockNews.com lowered Dynagas LNG Partners from a "strong-buy" rating to a "buy" rating in a research note 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.