Evolution Petroleum Co. (NYSEAMERICAN:EPM) Short Interest Update

Evolution Petroleum Co. (NYSEAMERICAN:EPM - Get Free Report) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 839,400 shares, a decline of 16.0% from the March 15th total of 998,800 shares. Currently, 2.7% of the shares of the company are sold short. Based on an average daily volume of 185,900 shares, the days-to-cover ratio is presently 4.5 days.

Evolution Petroleum Stock Performance

Shares of NYSEAMERICAN:EPM remained flat at $4.24 during midday trading on Friday. 65,584 shares of the stock were exchanged, compared to its average volume of 240,243. The company has a market cap of $141.45 million, a P/E ratio of 53.01 and a beta of 0.81. Evolution Petroleum has a one year low of $4.10 and a one year high of $6.14. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.51.

About Evolution Petroleum

Evolution Petroleum Corporation, an energy company, engages in the development, production, ownership, and exploitation of onshore oil and gas properties in the United States. The company holds interests in a CO2 enhanced oil recovery project in Louisiana's Delhi field. Its Delhi Holt-Bryant Unit covers an area of approximately 13,636 acres located in Northeast Louisiana.