Hallador Energy (NASDAQ:HNRG) Short Interest Update

Hallador Energy (NASDAQ:HNRG - Get Free Report) saw 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 daily volume of 432,200 shares, the days-to-cover ratio is presently 4.3 days. Approximately 6.6% of the shares of the stock are sold short.

Institutional Investors Weigh In On Hallador Energy

Large investors have recently modified their holdings of the business. Legal & General Group Plc boosted its position in Hallador Energy by 23.5% during the fourth quarter. Legal & General Group Plc now owns 7,539 shares of the energy company's stock worth $86,000 after acquiring an additional 1,435 shares during the last quarter. Quantinno Capital Management LP acquired a new position in shares of Hallador Energy during the 3rd quarter worth approximately $96,000. Janus Henderson Group PLC purchased a new stake in shares of Hallador Energy in the third quarter valued at approximately $119,000. XTX Topco Ltd acquired a new stake in shares of Hallador Energy in the fourth quarter valued at approximately $121,000. Finally, Intech Investment Management LLC purchased a new position in Hallador Energy during the fourth quarter worth approximately $156,000. Hedge funds and other institutional investors own 61.38% of the company's stock.

Hallador Energy Price Performance

Hallador Energy stock traded up $0.20 during midday trading on Friday, reaching $12.78. The company had a trading volume of 1,026,349 shares, compared to its average volume of 513,475. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.17. 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 $544.67 million, a P/E ratio of -23.24 and a beta of 0.55. The firm's fifty day simple moving average is $11.00 and its 200-day simple moving average is $10.61.

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Hallador Energy (NASDAQ:HNRG - Get Free Report) last issued its quarterly earnings results on Monday, March 17th. The energy company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.03) by $0.01. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. The firm had revenue of $94.80 million for the quarter, compared to analyst estimates of $102.46 million. As a group, equities analysts anticipate that Hallador Energy will post -0.31 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Alliance Global Partners assumed coverage on Hallador Energy in a report on Monday, December 9th. They issued a "buy" rating and a $17.00 price objective on the stock. StockNews.com raised shares of Hallador Energy to a "sell" rating in a research note on Friday.

Hallador Energy Company Profile

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.