AleAnna Inc. (NASDAQ:ANNA) Short Interest Up 155.8% in January

AleAnna Inc. (NASDAQ:ANNA) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 26,468 shares, a growth of 155.8% from the December 31st total of 10,346 shares. Based on an average daily trading volume, of 15,090 shares, the short-interest ratio is presently 1.8 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 15,090 shares, the short-interest ratio is presently 1.8 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Carlson Capital L.P. purchased a new stake in AleAnna in the third quarter worth about $362,000. Keel Point LLC bought a new stake in shares of AleAnna in the 2nd quarter worth approximately $79,000. NewGen Equity Long Short Fund purchased a new stake in shares of AleAnna in the 2nd quarter worth approximately $204,000. Finally, Goldman Sachs Group Inc. bought a new position in AleAnna during the 1st quarter valued at approximately $94,000. 38.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of AleAnna in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, AleAnna presently has an average rating of “Sell”.

AleAnna Stock Down 4.6%

Shares of NASDAQ ANNA opened at $2.67 on Friday. AleAnna has a 52 week low of $2.31 and a 52 week high of $18.30. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.03. The business has a 50-day simple moving average of $2.87 and a two-hundred day simple moving average of $3.69. The company has a market cap of $177.97 million and a P/E ratio of 66.75.

AleAnna (NASDAQ:ANNA) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $0.08 EPS for the quarter. AleAnna had a negative net margin of 46.01% and a negative return on equity of 14.90%. The business had revenue of $11.22 million during the quarter.

AleAnna Company Profile

AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy’s natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.