BW LPG Limited (NYSE:BWLP – Get Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 422,200 shares, a growth of 33.1% from the August 15th total of 317,300 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 270,200 shares, the days-to-cover ratio is currently 1.6 days.
BW LPG Price Performance
BWLP stock traded up $0.11 during trading on Monday, hitting $14.52. The company had a trading volume of 152,840 shares, compared to its average volume of 147,786. The firm’s fifty day moving average is $15.63. BW LPG has a fifty-two week low of $10.32 and a fifty-two week high of $22.31. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 1.45.
BW LPG (NYSE:BWLP – Get Free Report) last released its quarterly earnings results on Thursday, August 22nd. The company reported $0.58 EPS for the quarter. The business had revenue of $876.49 million for the quarter.
BW LPG Cuts Dividend
Hedge Funds Weigh In On BW LPG
Hedge funds have recently added to or reduced their stakes in the company. Acadian Asset Management LLC acquired a new stake in BW LPG during the 2nd quarter worth $56,598,000. Skandinaviska Enskilda Banken AB publ bought a new position in shares of BW LPG in the 2nd quarter worth $12,196,000. Bank of New York Mellon Corp acquired a new stake in shares of BW LPG during the second quarter worth $2,365,000. Jupiter Asset Management Ltd. bought a new stake in BW LPG in the second quarter valued at about $2,050,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in BW LPG in the second quarter valued at about $698,000.
About BW LPG
BW LPG Limited is an owner and operator of LPG vessels. The company operates through Shipping and Product Services segments. BW LPG Limited is based in Singapore.
Featured Stories
- Five stocks we like better than BW LPG
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible
- Roth IRA Calculator: Calculate Your Potential Returns
- Roblox’s Growth Beyond Kids: Stock Set for Major Moves
- Quiet Period Expirations Explained
- 5 Oversold Stocks to Buy Right Now
Receive News & Ratings for BW LPG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BW LPG and related companies with MarketBeat.com's FREE daily email newsletter.