Epsilon Energy Ltd. (NASDAQ:EPSN) Short Interest Update

Epsilon Energy Ltd. (NASDAQ:EPSN) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 28,200 shares, a decline of 21.4% from the February 13th total of 35,900 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 35,000 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Epsilon Energy

Hedge funds have recently added to or reduced their stakes in the business. Mcintyre Freedman & Flynn Investment Advisers Inc. raised its stake in shares of Epsilon Energy by 1.5% during the fourth quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 117,077 shares of the company’s stock valued at $727,000 after acquiring an additional 1,677 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Epsilon Energy by 4.8% during the fourth quarter. Empowered Funds LLC now owns 90,366 shares of the company’s stock valued at $561,000 after acquiring an additional 4,115 shares during the last quarter. Bridgeway Capital Management LLC raised its stake in shares of Epsilon Energy by 1.0% during the fourth quarter. Bridgeway Capital Management LLC now owns 405,763 shares of the company’s stock valued at $2,520,000 after acquiring an additional 4,115 shares during the last quarter. Meixler Investment Management Ltd. raised its stake in shares of Epsilon Energy by 22.6% during the fourth quarter. Meixler Investment Management Ltd. now owns 28,580 shares of the company’s stock valued at $177,000 after acquiring an additional 5,275 shares during the last quarter. Finally, Barclays PLC bought a new position in shares of Epsilon Energy during the third quarter valued at about $54,000. 60.33% of the stock is owned by institutional investors.

Epsilon Energy Price Performance

Epsilon Energy stock traded down $0.04 during mid-day trading on Tuesday, hitting $7.21. The company’s stock had a trading volume of 42,364 shares, compared to its average volume of 39,368. The stock has a market cap of $157.59 million, a price-to-earnings ratio of 28.84 and a beta of 0.33. The business has a 50 day moving average price of $6.44 and a 200-day moving average price of $6.01. Epsilon Energy has a 12 month low of $4.92 and a 12 month high of $7.36.

Epsilon Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 13th will be paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 3.47%. The ex-dividend date is Thursday, March 13th. Epsilon Energy’s dividend payout ratio is presently 100.00%.

About Epsilon Energy

Epsilon Energy Ltd., a North American onshore independent natural gas and oil company, engages in the acquisition, development, gathering, and production of natural oil and gas reserves in the United States. The company operates through Upstream and Gathering System segments. It has natural gas production in the Marcellus Shale in Pennsylvania; and oil, natural gas liquids, and natural gas production in the Permian Basin in Texas and New Mexico, and Anadarko Basin in Oklahoma.