Marine Petroleum Trust (NASDAQ:MARPS) Sees Significant Increase in Short Interest

Posted by James Quigley on Mar 29th, 2025

Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 5,800 shares, an increase of 107.1% from the February 28th total of 2,800 shares. Based on an average daily volume of 10,400 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Marine Petroleum Trust in a report on Saturday. They issued a “hold” rating for the company.

View Our Latest Stock Report on MARPS

Marine Petroleum Trust Price Performance

Shares of NASDAQ:MARPS traded up $0.03 during trading on Friday, hitting $3.91. The company had a trading volume of 4,162 shares, compared to its average volume of 13,861. The stock has a market cap of $7.82 million, a price-to-earnings ratio of 12.62 and a beta of 0.18. The company has a fifty day simple moving average of $3.98 and a two-hundred day simple moving average of $4.01. Marine Petroleum Trust has a one year low of $3.76 and a one year high of $6.50.

Marine Petroleum Trust (NASDAQ:MARPS – Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The energy company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $170 billion during the quarter. Marine Petroleum Trust had a return on equity of 63.85% and a net margin of 63.53%.

Marine Petroleum Trust Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were paid a dividend of $0.0771 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 7.89%. Marine Petroleum Trust’s dividend payout ratio is presently 96.77%.

About Marine Petroleum Trust

(Get Free Report)

Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. It has overriding royalty interest in oil and natural gas leases in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was founded in 1956 and is based in Dallas, Texas.