Southwestern Energy (NYSE:SWN) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 93,087,121 shares, a growth of 5.8% from the February 15th total of 87,994,652 shares. Based on an average daily trading volume, of 13,071,658 shares, the days-to-cover ratio is presently 7.1 days. Currently, 16.1% of the company’s stock are short sold.

NYSE SWN opened at $4.32 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.13 and a quick ratio of 1.13. Southwestern Energy has a 1 year low of $3.23 and a 1 year high of $6.23. The firm has a market capitalization of $2.34 billion, a price-to-earnings ratio of 4.24 and a beta of 1.29.

Several research firms recently commented on SWN. Zacks Investment Research lowered Southwestern Energy from a “buy” rating to a “hold” rating in a report on Wednesday, February 13th. Mitsubishi UFJ Financial Group dropped their target price on Southwestern Energy to $5.00 and set a “neutral” rating on the stock in a report on Friday, February 8th. Morgan Stanley set a $4.00 target price on Southwestern Energy and gave the company a “sell” rating in a report on Tuesday, January 29th. B. Riley set a $7.00 target price on Southwestern Energy and gave the company a “buy” rating in a report on Friday, January 18th. Finally, MKM Partners reissued a “neutral” rating and issued a $4.00 target price on shares of Southwestern Energy in a report on Wednesday, January 16th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $5.61.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. American Century Companies Inc. boosted its stake in Southwestern Energy by 0.9% in the fourth quarter. American Century Companies Inc. now owns 1,565,205 shares of the energy company’s stock valued at $5,337,000 after acquiring an additional 14,476 shares in the last quarter. Geode Capital Management LLC boosted its stake in Southwestern Energy by 8.1% in the fourth quarter. Geode Capital Management LLC now owns 6,799,075 shares of the energy company’s stock valued at $23,184,000 after acquiring an additional 507,867 shares in the last quarter. Norges Bank acquired a new position in Southwestern Energy in the fourth quarter valued at $29,967,000. FMR LLC boosted its stake in Southwestern Energy by 59.2% in the fourth quarter. FMR LLC now owns 78,005,226 shares of the energy company’s stock valued at $265,998,000 after acquiring an additional 28,992,566 shares in the last quarter. Finally, Walthausen & Co. LLC acquired a new position in Southwestern Energy in the fourth quarter valued at $4,187,000. Institutional investors own 92.98% of the company’s stock.

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About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia.

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