U.S. Energy Corp. (NASDAQ:USEG) Short Interest Update

U.S. Energy Corp. (NASDAQ:USEG) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totalling 57,300 shares, an increase of 117.0% from the June 30th total of 26,400 shares. Based on an average daily volume of 46,200 shares, the short-interest ratio is presently 1.2 days.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of U.S. Energy in a report on Monday, July 22nd. They set a “sell” rating on the stock.

U.S. Energy Price Performance

Shares of U.S. Energy stock traded up $0.01 on Friday, hitting $1.05. 18,795 shares of the company traded hands, compared to its average volume of 79,323. The firm’s 50-day simple moving average is $1.07 and its 200 day simple moving average is $1.09. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.14. The company has a market cap of $26.55 million, a P/E ratio of -0.65 and a beta of 0.45. U.S. Energy has a 12-month low of $0.83 and a 12-month high of $1.76.

U.S. Energy (NASDAQ:USEG) last released its earnings results on Thursday, May 9th. The energy company reported ($0.17) EPS for the quarter. The business had revenue of $5.39 million for the quarter. U.S. Energy had a negative net margin of 138.09% and a negative return on equity of 62.97%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in U.S. Energy stock. Verity Asset Management Inc. lifted its stake in U.S. Energy Corp. (NASDAQ:USEG) by 23.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 94,494 shares of the energy company’s stock after buying an additional 17,772 shares during the quarter. Verity Asset Management Inc. owned approximately 0.37% of U.S. Energy worth $95,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 3.00% of the company’s stock.

About U.S. Energy

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.