Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) Short Interest Update

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 798,367 shares, a decrease of 47.7% from the July 15th total of 1,525,556 shares. Based on an average daily trading volume, of 1,870,752 shares, the days-to-cover ratio is presently 0.4 days. Approximately 2.2% of the company’s shares are short sold.

Big Sky Industrial Inc. Common Stock Trading Up 5.1%

Shares of BSIN stock traded up $0.07 during trading hours on Friday, hitting $1.43. 1,336,067 shares of the company were exchanged, compared to its average volume of 1,757,738. The company has a 50 day simple moving average of $1.16 and a two-hundred day simple moving average of $1.05. The firm has a market cap of $74.82 million, a P/E ratio of -5.11 and a beta of 0.74. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.92 and a current ratio of 1.21. Big Sky Industrial Inc. Common Stock has a fifty-two week low of $0.66 and a fifty-two week high of $1.52.

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) last released its earnings results on Tuesday, August 11th. The energy company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01. Big Sky Industrial Inc. Common Stock had a negative net margin of 156.23% and a negative return on equity of 34.42%. The company had revenue of $2.13 million for the quarter, compared to the consensus estimate of $2.04 million. Equities analysts anticipate that Big Sky Industrial Inc. Common Stock will post -0.24 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BSIN. Weiss Ratings upgraded shares of Big Sky Industrial Inc. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 30th. Zacks Research raised Big Sky Industrial Inc. Common Stock from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Wall Street Zen raised Big Sky Industrial Inc. Common Stock from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $3.50.

Institutional Investors Weigh In On Big Sky Industrial Inc. Common Stock

Hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp grew its stake in shares of Big Sky Industrial Inc. Common Stock by 49.6% in the 4th quarter. State Street Corp now owns 47,371 shares of the energy company’s stock valued at $44,000 after buying an additional 15,700 shares during the period. Citadel Advisors LLC acquired a new position in Big Sky Industrial Inc. Common Stock during the 3rd quarter worth approximately $26,000. Two Sigma Investments LP acquired a new position in Big Sky Industrial Inc. Common Stock during the 3rd quarter worth approximately $54,000. XTX Topco Ltd boosted its holdings in Big Sky Industrial Inc. Common Stock by 61.5% in the second quarter. XTX Topco Ltd now owns 44,841 shares of the energy company’s stock worth $63,000 after acquiring an additional 17,080 shares in the last quarter. Finally, Thompson Davis & CO. Inc. bought a new position in Big Sky Industrial Inc. Common Stock in the first quarter worth approximately $71,000. 3.00% of the stock is owned by institutional investors.

About Big Sky Industrial Inc. Common Stock

U.S. Energy Corp. (NASDAQ: USEG) is an independent oil and natural gas exploration and production company that acquires, develops and operates hydrocarbon properties across onshore regions in the United States. The company’s activities encompass geological evaluation, drilling, completion and working-interest management, with an emphasis on cost-efficient development of discovered reserves and maximizing production from existing assets.

Over time, U.S. Energy has pursued growth through disciplined lease acquisitions, joint-venture partnerships and targeted drilling programs.