PHX Minerals Inc. (NYSE:PHX) Short Interest Update

PHX Minerals Inc. (NYSE:PHX) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 152,500 shares, an increase of 47.1% from the January 15th total of 103,700 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 87,400 shares, the short-interest ratio is currently 1.7 days.

PHX Minerals Price Performance

NYSE:PHX traded down $0.06 during midday trading on Friday, hitting $4.12. The company had a trading volume of 44,636 shares, compared to its average volume of 104,974. The stock’s fifty day moving average price is $3.95 and its 200-day moving average price is $3.65. The company has a quick ratio of 3.19, a current ratio of 3.19 and a debt-to-equity ratio of 0.22. PHX Minerals has a 52-week low of $2.95 and a 52-week high of $4.20. The company has a market capitalization of $154.23 million, a PE ratio of 31.66 and a beta of 0.54.

Institutional Investors Weigh In On PHX Minerals

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Truffle Hound Capital LLC purchased a new stake in PHX Minerals in the fourth quarter worth approximately $1,160,000. Dimensional Fund Advisors LP increased its holdings in PHX Minerals by 5.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,814,060 shares of the oil and gas producer’s stock valued at $7,256,000 after acquiring an additional 86,053 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in PHX Minerals in the 4th quarter valued at $211,000. Jane Street Group LLC purchased a new position in shares of PHX Minerals in the 4th quarter worth $181,000. Finally, Schonfeld Strategic Advisors LLC bought a new position in PHX Minerals in the 4th quarter worth about $146,000. Hedge funds and other institutional investors own 38.19% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com began coverage on PHX Minerals in a research report on Friday. They set a “hold” rating on the stock.

PHX Minerals Company Profile

PHX Minerals Inc operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. The company sells its products to various purchasers, including pipeline and marketing companies.