Epsilon Energy Ltd. (NASDAQ:EPSN) Short Interest Update

Epsilon Energy Ltd. (NASDAQ:EPSN) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 28,200 shares, a decline of 21.4% from the February 13th total of 35,900 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 35,000 shares, the short-interest ratio is currently 0.8 days.

Epsilon Energy Trading Down 0.6 %

Shares of EPSN traded down $0.04 during mid-day trading on Tuesday, reaching $7.21. 42,364 shares of the stock traded hands, compared to its average volume of 39,368. The firm has a fifty day moving average price of $6.44 and a 200 day moving average price of $6.01. The company has a market cap of $157.59 million, a price-to-earnings ratio of 28.84 and a beta of 0.33. Epsilon Energy has a 1 year low of $4.92 and a 1 year high of $7.36.

Epsilon Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 13th will be given a dividend of $0.0625 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.47%. Epsilon Energy’s dividend payout ratio (DPR) is currently 100.00%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Mcintyre Freedman & Flynn Investment Advisers Inc. lifted its holdings in shares of Epsilon Energy by 1.5% during the 4th quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 117,077 shares of the company’s stock worth $727,000 after acquiring an additional 1,677 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Epsilon Energy by 4.8% during the 4th quarter. Empowered Funds LLC now owns 90,366 shares of the company’s stock worth $561,000 after acquiring an additional 4,115 shares during the last quarter. Bridgeway Capital Management LLC lifted its holdings in shares of Epsilon Energy by 1.0% during the 4th quarter. Bridgeway Capital Management LLC now owns 405,763 shares of the company’s stock worth $2,520,000 after acquiring an additional 4,115 shares during the last quarter. Meixler Investment Management Ltd. lifted its holdings in shares of Epsilon Energy by 22.6% during the 4th quarter. Meixler Investment Management Ltd. now owns 28,580 shares of the company’s stock worth $177,000 after acquiring an additional 5,275 shares during the last quarter. Finally, Barclays PLC bought a new stake in shares of Epsilon Energy during the 3rd quarter worth $54,000. 60.33% of the stock is currently owned by hedge funds and other institutional investors.

Epsilon Energy Company Profile

Epsilon Energy Ltd., a North American onshore independent natural gas and oil company, engages in the acquisition, development, gathering, and production of natural oil and gas reserves in the United States. The company operates through Upstream and Gathering System segments. It has natural gas production in the Marcellus Shale in Pennsylvania; and oil, natural gas liquids, and natural gas production in the Permian Basin in Texas and New Mexico, and Anadarko Basin in Oklahoma.