BW LPG Limited (NYSE:BWLP) Sees Significant Growth in Short Interest

BW LPG Limited (NYSE:BWLP) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 555,200 shares, an increase of 7.0% from the October 31st total of 518,900 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average trading volume of 323,500 shares, the short-interest ratio is presently 1.7 days.

BW LPG Trading Up 1.2 %

Shares of BW LPG stock opened at $12.42 on Tuesday. The firm has a fifty day moving average of $13.81 and a two-hundred day moving average of $15.74. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.45 and a current ratio of 1.63. BW LPG has a one year low of $10.32 and a one year high of $22.31.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio acquired a new stake in shares of BW LPG in the third quarter worth $476,000. XTX Topco Ltd raised its stake in BW LPG by 75.1% during the third quarter. XTX Topco Ltd now owns 25,671 shares of the company’s stock worth $370,000 after buying an additional 11,013 shares during the last quarter. Jane Street Group LLC purchased a new position in BW LPG during the third quarter worth about $305,000. HighTower Advisors LLC purchased a new stake in BW LPG in the third quarter worth $219,000. Finally, Centiva Capital LP bought a new position in shares of BW LPG in the third quarter valued at approximately $183,000.

About BW LPG

BW LPG Limited, an investment holding company, engages in ship owning and chartering activities worldwide. The company operates through Shipping and Product Services segments. The company involved in the transportation of liquefied petroleum gas to oil companies, and trading and utility companies. It also offers integrated liquified petroleum gas (LPG) delivery services and support; wholesale and trade of LPG; and management services.