AleAnna Inc. (NASDAQ:ANNA) Sees Large Growth in Short Interest

AleAnna Inc. (NASDAQ:ANNA) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 6,948 shares, a growth of 209.3% from the January 29th total of 2,246 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 9,478 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 9,478 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On AleAnna

A number of large investors have recently modified their holdings of ANNA. Carlson Capital L.P. increased its position in shares of AleAnna by 7.0% in the fourth quarter. Carlson Capital L.P. now owns 92,000 shares of the company’s stock valued at $265,000 after acquiring an additional 6,000 shares during the last quarter. Keel Point LLC bought a new position in AleAnna in the second quarter valued at approximately $79,000. Goldman Sachs Group Inc. bought a new position in AleAnna in the first quarter valued at approximately $94,000. Finally, NewGen Equity Long Short Fund acquired a new position in shares of AleAnna during the 2nd quarter worth approximately $204,000. 38.10% of the stock is currently owned by institutional investors and hedge funds.

AleAnna Stock Performance

Shares of ANNA stock opened at $3.35 on Friday. AleAnna has a 12 month low of $2.31 and a 12 month high of $18.30. The company’s fifty day simple moving average is $2.67 and its 200-day simple moving average is $3.39. The firm has a market cap of $223.28 million and a PE ratio of 83.75. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.03.

About AleAnna

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.