HighPeak Energy, Inc. (NASDAQ:HPKEW) Short Interest Update

HighPeak Energy, Inc. (NASDAQ:HPKEW) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 6,100 shares, a drop of 14.1% from the March 15th total of 7,100 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Trading of HighPeak Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Syntal Capital Partners LLC lifted its holdings in shares of HighPeak Energy by 65.7% during the first quarter. Syntal Capital Partners LLC now owns 696,686 shares of the company’s stock worth $8,534,000 after purchasing an additional 276,354 shares during the period. Bank of America Corp DE lifted its holdings in shares of HighPeak Energy by 607.6% during the first quarter. Bank of America Corp DE now owns 7,076 shares of the company’s stock worth $107,000 after purchasing an additional 6,076 shares during the period. Finally, UBS Group AG lifted its holdings in shares of HighPeak Energy by 50.9% during the third quarter. UBS Group AG now owns 2,795 shares of the company’s stock worth $34,000 after purchasing an additional 943 shares during the period.

HighPeak Energy Price Performance

NASDAQ HPKEW opened at $6.20 on Tuesday. The firm’s fifty day moving average price is $7.74 and its two-hundred day moving average price is $8.38. HighPeak Energy has a fifty-two week low of $3.23 and a fifty-two week high of $17.50.

About HighPeak Energy

HighPeak Energy, Inc, an independent oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids reserves in the Permian Basin in West Texas and Eastern New Mexico. The company was incorporated in 2019 and is headquartered in Fort Worth, Texas.