Mammoth Energy Services, Inc. (NASDAQ:TUSK) Short Interest Down 16.1% in May

Mammoth Energy Services, Inc. (NASDAQ:TUSK - Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 258,800 shares, a decrease of 16.1% from the May 15th total of 308,400 shares. Approximately 0.6% of the company's shares are sold short. Based on an average daily trading volume, of 58,600 shares, the short-interest ratio is currently 4.4 days.

Institutional Trading of Mammoth Energy Services

A number of institutional investors and hedge funds have recently made changes to their positions in TUSK. Adage Capital Partners GP L.L.C. increased its holdings in Mammoth Energy Services by 12.1% in the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 3,700,000 shares of the energy company's stock valued at $17,168,000 after purchasing an additional 400,000 shares in the last quarter. Vanguard Group Inc. increased its holdings in Mammoth Energy Services by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 723,772 shares of the energy company's stock valued at $2,635,000 after purchasing an additional 17,369 shares in the last quarter. Empowered Funds LLC increased its holdings in Mammoth Energy Services by 8.0% in the 1st quarter. Empowered Funds LLC now owns 73,423 shares of the energy company's stock valued at $267,000 after purchasing an additional 5,425 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in Mammoth Energy Services by 56.0% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 57,096 shares of the energy company's stock valued at $265,000 after purchasing an additional 20,505 shares in the last quarter. Finally, WINTON GROUP Ltd increased its holdings in Mammoth Energy Services by 250.0% in the 3rd quarter. WINTON GROUP Ltd now owns 35,816 shares of the energy company's stock valued at $166,000 after purchasing an additional 25,584 shares in the last quarter. 79.67% of the stock is currently owned by institutional investors and hedge funds.

Mammoth Energy Services Trading Down 4.8 %

Shares of TUSK stock traded down $0.17 on Friday, reaching $3.37. 40,691 shares of the stock were exchanged, compared to its average volume of 38,617. The stock has a market cap of $161.79 million, a P/E ratio of -7.02 and a beta of 1.62. The company has a quick ratio of 3.41, a current ratio of 3.52 and a debt-to-equity ratio of 0.10. The firm has a 50 day moving average of $3.44 and a two-hundred day moving average of $3.78. Mammoth Energy Services has a 1-year low of $2.94 and a 1-year high of $5.75.

Mammoth Energy Services (NASDAQ:TUSK - Get Free Report) last released its quarterly earnings data on Thursday, May 2nd. The energy company reported ($0.25) EPS for the quarter. The firm had revenue of $43.19 million for the quarter. Mammoth Energy Services had a negative return on equity of 4.68% and a negative net margin of 9.87%.

Mammoth Energy Services Company Profile

Mammoth Energy Services, Inc operates as an energy services company in the United States, Canada, and internationally. The company operates in four segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. The company offers pressure pumping and hydraulic fracturing, sand hauling, and water transfer services; and master services agreements.