Kosmos Energy Ltd. (NYSE:KOS) Short Interest Update

Kosmos Energy Ltd. (NYSE:KOS) was the recipient of a significant drop in short interest in November. As of November 15th, there was short interest totalling 38,750,000 shares, a drop of 11.6% from the October 31st total of 43,820,000 shares. Based on an average daily volume of 7,700,000 shares, the days-to-cover ratio is presently 5.0 days.

Kosmos Energy Trading Up 0.3 %

Shares of NYSE:KOS traded up $0.01 during trading on Tuesday, reaching $3.81. 4,549,474 shares of the company were exchanged, compared to its average volume of 6,878,411. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.75 and a quick ratio of 0.47. The business’s fifty day simple moving average is $4.02 and its 200-day simple moving average is $4.78. The firm has a market capitalization of $1.80 billion, a PE ratio of 8.66, a P/E/G ratio of 0.49 and a beta of 2.41. Kosmos Energy has a 12-month low of $3.49 and a 12-month high of $7.07.

Hedge Funds Weigh In On Kosmos Energy

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rothschild Investment LLC bought a new stake in Kosmos Energy during the 2nd quarter valued at $26,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Kosmos Energy in the third quarter valued at about $28,000. CWM LLC raised its holdings in Kosmos Energy by 82.2% in the second quarter. CWM LLC now owns 6,579 shares of the oil and gas producer’s stock worth $36,000 after purchasing an additional 2,969 shares in the last quarter. Signaturefd LLC lifted its position in shares of Kosmos Energy by 39,777.8% during the third quarter. Signaturefd LLC now owns 10,767 shares of the oil and gas producer’s stock valued at $43,000 after buying an additional 10,740 shares during the last quarter. Finally, CTC Alternative Strategies Ltd. bought a new stake in shares of Kosmos Energy in the 3rd quarter valued at about $43,000. Institutional investors own 95.33% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on KOS shares. Bank of America lowered their price objective on shares of Kosmos Energy from $8.15 to $7.00 and set a “buy” rating for the company in a research report on Wednesday, September 25th. Mizuho started coverage on Kosmos Energy in a research report on Thursday, September 19th. They set a “neutral” rating and a $5.00 price objective on the stock. Benchmark dropped their target price on Kosmos Energy from $8.00 to $7.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. StockNews.com upgraded Kosmos Energy from a “sell” rating to a “hold” rating in a report on Monday, November 25th. Finally, Sanford C. Bernstein cut their price objective on shares of Kosmos Energy from $5.00 to $4.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $5.75.

Kosmos Energy Company Profile

Kosmos Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas along the Atlantic Margins in the United States. The company’s primary assets include production projects located in offshore Ghana, Equatorial Guinea, and the U.S. Gulf of Mexico, as well as gas projects located in offshore Mauritania and Senegal.