Adams Natural Resources Fund, Inc. (NYSE:PEO) Short Interest Down 12.9% in January

Adams Natural Resources Fund, Inc. (NYSE:PEO) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 389,603 shares, a drop of 12.9% from the January 15th total of 447,277 shares. Based on an average daily trading volume, of 147,975 shares, the short-interest ratio is currently 2.6 days. Currently, 1.5% of the shares of the stock are short sold. Currently, 1.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 147,975 shares, the short-interest ratio is currently 2.6 days.

Adams Natural Resources Fund Stock Down 0.2%

Shares of Adams Natural Resources Fund stock opened at $25.59 on Tuesday. The business has a 50-day simple moving average of $23.09 and a 200 day simple moving average of $22.04. Adams Natural Resources Fund has a one year low of $18.34 and a one year high of $26.09.

Adams Natural Resources Fund Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Monday, January 26th will be given a dividend of $0.49 per share. The ex-dividend date of this dividend is Monday, January 26th. This represents a $1.96 annualized dividend and a dividend yield of 7.7%.

Hedge Funds Weigh In On Adams Natural Resources Fund

Several large investors have recently added to or reduced their stakes in the business. Comerica Bank lifted its holdings in shares of Adams Natural Resources Fund by 38.1% in the first quarter. Comerica Bank now owns 1,859 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 513 shares in the last quarter. Jones Financial Companies Lllp raised its position in Adams Natural Resources Fund by 843.9% in the 1st quarter. Jones Financial Companies Lllp now owns 42,921 shares of the financial services provider’s stock valued at $979,000 after buying an additional 38,374 shares during the last quarter. Focus Partners Wealth lifted its stake in Adams Natural Resources Fund by 8.9% during the 1st quarter. Focus Partners Wealth now owns 16,950 shares of the financial services provider’s stock valued at $387,000 after acquiring an additional 1,380 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in Adams Natural Resources Fund by 7.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 14,932 shares of the financial services provider’s stock valued at $319,000 after acquiring an additional 1,042 shares in the last quarter. Finally, Uhlmann Price Securities LLC boosted its holdings in Adams Natural Resources Fund by 0.8% during the 2nd quarter. Uhlmann Price Securities LLC now owns 61,675 shares of the financial services provider’s stock worth $1,318,000 after acquiring an additional 466 shares during the last quarter. Institutional investors own 33.54% of the company’s stock.

About Adams Natural Resources Fund

Adams Natural Resources Fund (NYSE: PEO) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. Listed on the New York Stock Exchange, the fund offers investors a way to access a diversified portfolio of companies engaged in the natural resources and energy sectors without investing directly in individual stocks or commodities.

The fund primarily invests in equity securities, including common and preferred stocks, of companies involved in exploration, production, processing, and distribution of oil, natural gas, coal and alternative energy sources.