BW LPG Limited (NYSE:BWLP) Short Interest Update

BW LPG Limited (NYSE:BWLP) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 875,700 shares, a growth of 123.8% from the January 15th total of 391,300 shares. Based on an average daily trading volume, of 499,400 shares, the short-interest ratio is currently 1.8 days. Currently, 1.0% of the shares of the company are short sold.

BW LPG Trading Down 1.3 %

BWLP opened at $12.69 on Friday. The company has a fifty day moving average of $11.84 and a two-hundred day moving average of $13.45. BW LPG has a fifty-two week low of $9.95 and a fifty-two week high of $22.31. The company has a quick ratio of 1.16, a current ratio of 1.34 and a debt-to-equity ratio of 0.15.

BW LPG (NYSE:BWLP) last announced its earnings results on Monday, December 2nd. The company reported $0.79 earnings per share (EPS) for the quarter.

BW LPG Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 12th were given a $0.42 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.68 annualized dividend and a dividend yield of 13.24%.

Analyst Upgrades and Downgrades

Separately, Pareto Securities raised shares of BW LPG from a “hold” rating to a “buy” rating in a report on Thursday, January 30th.

Institutional Trading of BW LPG

Several institutional investors have recently modified their holdings of BWLP. Swiss National Bank boosted its position in BW LPG by 0.6% during the fourth quarter. Swiss National Bank now owns 166,377 shares of the company’s stock worth $1,836,000 after acquiring an additional 1,071 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in BW LPG by 0.3% during the fourth quarter. The Manufacturers Life Insurance Company now owns 395,755 shares of the company’s stock worth $4,375,000 after acquiring an additional 1,175 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in BW LPG during the fourth quarter worth about $26,000. XTX Topco Ltd raised its stake in BW LPG by 9.1% during the fourth quarter. XTX Topco Ltd now owns 27,995 shares of the company’s stock worth $318,000 after purchasing an additional 2,324 shares during the period. Finally, Avior Wealth Management LLC raised its stake in BW LPG by 98.0% during the fourth quarter. Avior Wealth Management LLC now owns 5,862 shares of the company’s stock worth $67,000 after purchasing an additional 2,902 shares during the period.

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.