Hallador Energy Co (NASDAQ:HNRG) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 239,200 shares, a growth of 16.9% from the January 15th total of 204,700 shares. Based on an average daily volume of 83,400 shares, the short-interest ratio is currently 2.9 days. Currently, 1.3% of the company’s stock are sold short.

Hedge funds have recently made changes to their positions in the business. Meeder Asset Management Inc. increased its stake in shares of Hallador Energy by 44.3% in the third quarter. Meeder Asset Management Inc. now owns 15,263 shares of the energy company’s stock worth $55,000 after purchasing an additional 4,685 shares in the last quarter. Barclays PLC increased its stake in shares of Hallador Energy by 193.6% in the fourth quarter. Barclays PLC now owns 30,276 shares of the energy company’s stock worth $89,000 after purchasing an additional 19,964 shares in the last quarter. Hancock Whitney Corp increased its stake in shares of Hallador Energy by 17.8% in the third quarter. Hancock Whitney Corp now owns 39,644 shares of the energy company’s stock worth $144,000 after purchasing an additional 6,000 shares in the last quarter. Millennium Management LLC increased its stake in shares of Hallador Energy by 24.9% in the third quarter. Millennium Management LLC now owns 41,263 shares of the energy company’s stock worth $149,000 after purchasing an additional 8,232 shares in the last quarter. Finally, Squarepoint Ops LLC increased its stake in shares of Hallador Energy by 82.9% in the third quarter. Squarepoint Ops LLC now owns 46,723 shares of the energy company’s stock worth $169,000 after purchasing an additional 21,184 shares in the last quarter. 44.86% of the stock is currently owned by institutional investors and hedge funds.

HNRG stock traded down $0.07 during mid-day trading on Friday, hitting $1.20. The company had a trading volume of 224,858 shares, compared to its average volume of 145,787. The firm has a market cap of $38.42 million, a PE ratio of 13.33 and a beta of 0.12. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.65 and a current ratio of 1.22. Hallador Energy has a 12 month low of $1.20 and a 12 month high of $6.00. The stock’s fifty day moving average price is $2.23 and its two-hundred day moving average price is $3.26.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 13.33%. The ex-dividend date of this dividend is Thursday, January 30th. Hallador Energy’s dividend payout ratio is 64.00%.

Several brokerages have commented on HNRG. B. Riley set a $10.00 price objective on shares of Hallador Energy and gave the stock a “buy” rating in a research report on Friday, October 25th. Zacks Investment Research lowered shares of Hallador Energy from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. Finally, ValuEngine lowered shares of Hallador Energy from a “hold” rating to a “sell” rating in a research report on Friday, November 1st.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 mine underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana.

Featured Story: What is a Buy-Side Analyst?

Receive News & Ratings for Hallador Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hallador Energy and related companies with MarketBeat.com's FREE daily email newsletter.