Vident Advisory LLC Has $125,000 Holdings in Veren Inc. (NYSE:VRN)

Vident Advisory LLC lessened its position in shares of Veren Inc. (NYSE:VRN) by 26.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,236 shares of the company’s stock after selling 8,896 shares during the quarter. Vident Advisory LLC’s holdings in Veren were worth $125,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Ninepoint Partners LP grew its holdings in shares of Veren by 16.6% during the 4th quarter. Ninepoint Partners LP now owns 21,100,000 shares of the company’s stock worth $108,454,000 after purchasing an additional 3,000,000 shares in the last quarter. Alberta Investment Management Corp boosted its stake in Veren by 108.0% in the 4th quarter. Alberta Investment Management Corp now owns 689,400 shares of the company’s stock valued at $3,542,000 after buying an additional 358,000 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Veren by 6.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,985,175 shares of the company’s stock valued at $10,201,000 after buying an additional 124,863 shares in the last quarter. Aviso Financial Inc. boosted its stake in Veren by 117.7% in the 4th quarter. Aviso Financial Inc. now owns 219,263 shares of the company’s stock valued at $1,127,000 after buying an additional 118,537 shares in the last quarter. Finally, Swiss National Bank boosted its stake in Veren by 5.6% in the 4th quarter. Swiss National Bank now owns 1,220,200 shares of the company’s stock valued at $6,270,000 after buying an additional 64,300 shares in the last quarter. Institutional investors and hedge funds own 49.37% of the company’s stock.

Veren Price Performance

Shares of VRN stock opened at $6.01 on Friday. The stock’s fifty day simple moving average is $6.01 and its 200 day simple moving average is $5.54. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a market cap of $3.68 billion, a price-to-earnings ratio of 4.29 and a beta of 0.93. Veren Inc. has a one year low of $4.40 and a one year high of $8.71.

About Veren

Veren Inc explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.