EON Resources Inc. (NYSEAMERICAN:EONR) Short Interest Update

EON Resources Inc. (NYSEAMERICAN:EONR) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 7,722,128 shares, a growth of 13.4% from the March 31st total of 6,811,867 shares. Based on an average trading volume of 9,625,143 shares, the short-interest ratio is presently 0.8 days. Currently, 17.0% of the shares of the stock are short sold.

EON Resources Stock Performance

Shares of EONR stock opened at $0.78 on Friday. EON Resources has a twelve month low of $0.27 and a twelve month high of $1.58. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.35 and a current ratio of 0.35. The stock’s fifty day simple moving average is $0.80 and its 200 day simple moving average is $0.56.

Institutional Trading of EON Resources

Hedge funds have recently made changes to their positions in the company. XTX Topco Ltd grew its holdings in shares of EON Resources by 41.8% during the fourth quarter. XTX Topco Ltd now owns 125,585 shares of the company’s stock worth $48,000 after purchasing an additional 37,015 shares during the last quarter. State Street Corp bought a new position in EON Resources in the 4th quarter valued at approximately $51,000. Geode Capital Management LLC grew its holdings in EON Resources by 22.9% during the 4th quarter. Geode Capital Management LLC now owns 246,570 shares of the company’s stock worth $95,000 after acquiring an additional 45,936 shares during the last quarter. Two Sigma Investments LP raised its stake in shares of EON Resources by 574.4% during the third quarter. Two Sigma Investments LP now owns 194,560 shares of the company’s stock valued at $95,000 after acquiring an additional 165,709 shares during the last quarter. Finally, Prairiewood Capital LLC lifted its holdings in shares of EON Resources by 52.5% during the first quarter. Prairiewood Capital LLC now owns 61,000 shares of the company’s stock worth $51,000 after purchasing an additional 21,000 shares during the period. 33.51% of the stock is owned by institutional investors and hedge funds.

About EON Resources

EON Resources Inc, an independent oil and natural gas company, focuses on the acquisition, development, exploration, and production of oil and natural gas properties in the Permian Basin. It holds a 100% working interest in the property that consists of 343 wells producing oil and gas, as well as 207 injection wells covering an area of approximately 13,700 contiguous acres. The company was formerly known as HNR Acquisition Corp and changed its name atop EON Resources Inc in September 2024. EON Resources Inc was incorporated in 2020 and is headquartered in Houston, Texas.