SEACOR Marine Holdings Inc. (NYSE:SMHI) Short Interest Update

SEACOR Marine Holdings Inc. (NYSE:SMHI - Get Free Report) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 960,600 shares, a growth of 18.2% from the January 15th total of 812,500 shares. Currently, 4.2% of the company's shares are sold short. Based on an average trading volume of 192,000 shares, the days-to-cover ratio is presently 5.0 days.

SEACOR Marine Trading Up 0.7 %

Shares of NYSE:SMHI traded up $0.05 during midday trading on Wednesday, hitting $6.81. 73,942 shares of the stock traded hands, compared to its average volume of 135,820. The company has a quick ratio of 1.59, a current ratio of 1.63 and a debt-to-equity ratio of 0.84. The business's 50 day moving average is $6.65 and its two-hundred day moving average is $8.15. The stock has a market capitalization of $188.41 million, a PE ratio of -4.05 and a beta of 1.28. SEACOR Marine has a one year low of $5.80 and a one year high of $15.36.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. First Eagle Investment Management LLC increased its stake in shares of SEACOR Marine by 58.1% during the fourth quarter. First Eagle Investment Management LLC now owns 916,609 shares of the company's stock valued at $6,013,000 after buying an additional 336,736 shares during the period. Cerity Partners LLC increased its position in SEACOR Marine by 98.9% during the 3rd quarter. Cerity Partners LLC now owns 345,732 shares of the company's stock valued at $3,336,000 after purchasing an additional 171,871 shares during the period. Glenorchy Capital Ltd purchased a new position in SEACOR Marine during the 3rd quarter valued at $1,470,000. Oppenheimer & Co. Inc. bought a new stake in shares of SEACOR Marine during the 4th quarter valued at about $899,000. Finally, First Manhattan CO. LLC. grew its holdings in shares of SEACOR Marine by 40.5% during the 4th quarter. First Manhattan CO. LLC. now owns 351,365 shares of the company's stock worth $2,305,000 after acquiring an additional 101,285 shares during the period. Institutional investors own 59.05% of the company's stock.

About SEACOR Marine

SEACOR Marine Holdings Inc provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide. Its offshore support and specialty vessels deliver cargo and personnel to offshore installations, including offshore wind farms; handle anchors and mooring equipment for offshore rigs and platforms; assist offshore operations for production and storage facilities; provide construction, well work-over, and offshore wind farm installation and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as offer accommodations for technicians and specialists, safety support, and emergency response services.