Robin Energy Ltd. (NASDAQ:RBNE) Short Interest Update

Robin Energy Ltd. (NASDAQ:RBNE) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 35,244 shares, a decrease of 45.9% from the July 30th total of 65,145 shares. Approximately 2.6% of the company’s shares are short sold. Based on an average daily volume of 56,616 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Robin Energy

Hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new position in Robin Energy in the third quarter worth approximately $28,000. Two Sigma Investments LP acquired a new position in Robin Energy during the 3rd quarter worth approximately $51,000. Connective Capital Management LLC purchased a new stake in shares of Robin Energy in the 3rd quarter valued at approximately $78,000. Citadel Advisors LLC purchased a new stake in shares of Robin Energy in the 3rd quarter valued at approximately $585,000. Finally, Empery Asset Management LP acquired a new stake in shares of Robin Energy in the 4th quarter valued at $882,000.

Analyst Ratings Changes

Several analysts have recently issued reports on RBNE shares. Wall Street Zen raised shares of Robin Energy from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings restated a “sell (d)” rating on shares of Robin Energy in a report on Wednesday, July 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Robin Energy Stock Performance

RBNE stock traded down $0.10 during mid-day trading on Friday, reaching $2.62. The company had a trading volume of 14,529 shares, compared to its average volume of 50,779. The company has a market capitalization of $3.49 million, a price-to-earnings ratio of 5.82 and a beta of 1.49. The firm has a fifty day simple moving average of $5.11 and a 200 day simple moving average of $21.33. Robin Energy has a fifty-two week low of $2.07 and a fifty-two week high of $374.25.

Robin Energy Company Profile

Robin Energy Ltd. operates as a holding company that provides tanker vessel services. The company was founded by Petros Panagiotidis on September 24, 2024 and is headquartered in Limassol, Cyrus.