Adams Natural Resources Fund, Inc. (NYSE:PEO) Short Interest Down 12.9% in January

Adams Natural Resources Fund, Inc. (NYSE:PEO) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 389,603 shares, a decrease of 12.9% from the January 15th total of 447,277 shares. Based on an average daily volume of 147,975 shares, the short-interest ratio is currently 2.6 days. Approximately 1.5% of the shares of the company are short sold. Approximately 1.5% of the shares of the company are short sold. Based on an average daily volume of 147,975 shares, the short-interest ratio is currently 2.6 days.

Adams Natural Resources Fund Trading Down 0.8%

NYSE PEO opened at $25.40 on Wednesday. Adams Natural Resources Fund has a twelve month low of $18.34 and a twelve month high of $26.09. The firm has a 50-day simple moving average of $23.16 and a 200 day simple moving average of $22.07.

Adams Natural Resources Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Monday, January 26th will be issued a $0.49 dividend. This represents a $1.96 annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend is Monday, January 26th.

Institutional Trading of Adams Natural Resources Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in PEO. Adams Diversified Equity Fund Inc. lifted its position in Adams Natural Resources Fund by 2.3% during the 4th quarter. Adams Diversified Equity Fund Inc. now owns 2,572,684 shares of the financial services provider’s stock worth $55,930,000 after buying an additional 56,682 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of Adams Natural Resources Fund by 23.4% during the third quarter. Lazard Asset Management LLC now owns 510,075 shares of the financial services provider’s stock worth $10,977,000 after purchasing an additional 96,622 shares in the last quarter. Penserra Capital Management LLC grew its stake in shares of Adams Natural Resources Fund by 28.4% during the third quarter. Penserra Capital Management LLC now owns 272,359 shares of the financial services provider’s stock valued at $5,861,000 after purchasing an additional 60,228 shares during the last quarter. Pathstone Holdings LLC increased its holdings in shares of Adams Natural Resources Fund by 28.2% in the third quarter. Pathstone Holdings LLC now owns 264,520 shares of the financial services provider’s stock valued at $5,692,000 after purchasing an additional 58,231 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its holdings in shares of Adams Natural Resources Fund by 35.9% in the third quarter. Wolverine Asset Management LLC now owns 155,166 shares of the financial services provider’s stock valued at $3,339,000 after purchasing an additional 40,996 shares in the last quarter. 33.54% of the stock is currently owned by institutional investors and hedge funds.

Adams Natural Resources Fund Company Profile

Adams Natural Resources Fund (NYSE: PEO) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. Listed on the New York Stock Exchange, the fund offers investors a way to access a diversified portfolio of companies engaged in the natural resources and energy sectors without investing directly in individual stocks or commodities.

The fund primarily invests in equity securities, including common and preferred stocks, of companies involved in exploration, production, processing, and distribution of oil, natural gas, coal and alternative energy sources.