Dynagas LNG Partners LP (NYSE:DLNG) Short Interest Update

Dynagas LNG Partners LP (NYSE:DLNGGet Free Report) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 2,100 shares, a decline of 68.2% from the January 15th total of 6,600 shares. Based on an average daily volume of 23,700 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DLNG. TheStreet lowered shares of Dynagas LNG Partners from a “c” rating to a “d+” rating in a report on Friday, December 8th. StockNews.com assumed coverage on shares of Dynagas LNG Partners in a research report on Tuesday, February 6th. They set a “strong-buy” rating for the company.

Read Our Latest Stock Analysis on DLNG

Institutional Investors Weigh In On Dynagas LNG Partners

A number of institutional investors have recently modified their holdings of the stock. UBS Group AG raised its position in shares of Dynagas LNG Partners by 110.1% during the 2nd quarter. UBS Group AG now owns 91,594 shares of the shipping company’s stock valued at $303,000 after acquiring an additional 48,000 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Dynagas LNG Partners by 117.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 86,176 shares of the shipping company’s stock worth $285,000 after buying an additional 46,511 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Dynagas LNG Partners in the 4th quarter valued at about $64,000. Apollon Wealth Management LLC bought a new position in Dynagas LNG Partners in the fourth quarter worth about $42,000. Finally, BNP Paribas Arbitrage SNC lifted its holdings in shares of Dynagas LNG Partners by 104.7% in the 2nd quarter. BNP Paribas Arbitrage SNC now owns 25,214 shares of the shipping company’s stock worth $63,000 after purchasing an additional 12,894 shares during the last quarter. Institutional investors and hedge funds own 7.57% of the company’s stock.

Dynagas LNG Partners Stock Performance

Shares of DLNG traded up $0.02 during mid-day trading on Monday, reaching $3.04. 14,152 shares of the stock traded hands, compared to its average volume of 22,906. The stock has a fifty day simple moving average of $2.82 and a 200 day simple moving average of $2.72. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 1.37. Dynagas LNG Partners has a 12-month low of $2.31 and a 12-month high of $3.25.

Dynagas LNG Partners (NYSE:DLNGGet Free Report) last posted its quarterly earnings data on Friday, December 8th. The shipping company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.10). Dynagas LNG Partners had a net margin of 23.35% and a return on equity of 7.31%. The firm had revenue of $48.61 million during the quarter, compared to analysts’ expectations of $31.31 million. During the same period in the previous year, the company earned $0.04 earnings per share. On average, equities research analysts predict that Dynagas LNG Partners will post 1.08 EPS for the current fiscal year.

Dynagas LNG Partners Company Profile

(Get Free Report)

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) carriers. Its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 914,100 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP.

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