EON Resources Inc. (NYSEAMERICAN:EONR) Short Interest Up 57.0% in March

EON Resources Inc. (NYSEAMERICAN:EONR) was the target of a large growth in short interest in March. As of March 31st, there was short interest totaling 6,811,867 shares, a growth of 57.0% from the March 15th total of 4,338,881 shares. Approximately 15.0% of the shares of the stock are short sold. Based on an average daily volume of 30,433,712 shares, the short-interest ratio is currently 0.2 days.

EON Resources Stock Down 0.0%

Shares of EONR opened at $0.70 on Thursday. EON Resources has a twelve month low of $0.27 and a twelve month high of $1.58. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.07. The business’s 50-day moving average price is $0.72 and its 200-day moving average price is $0.54.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. XTX Topco Ltd increased its holdings in shares of EON Resources by 41.8% in the fourth quarter. XTX Topco Ltd now owns 125,585 shares of the company’s stock worth $48,000 after purchasing an additional 37,015 shares during the period. State Street Corp bought a new position in EON Resources in the 4th quarter worth about $51,000. Two Sigma Investments LP raised its holdings in shares of EON Resources by 574.4% in the 3rd quarter. Two Sigma Investments LP now owns 194,560 shares of the company’s stock valued at $95,000 after acquiring an additional 165,709 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of EON Resources by 22.9% during the 4th quarter. Geode Capital Management LLC now owns 246,570 shares of the company’s stock valued at $95,000 after acquiring an additional 45,936 shares during the last quarter. Finally, Daytona Street Capital LLC bought a new stake in shares of EON Resources during the 4th quarter valued at about $159,000. 33.51% of the stock is owned by institutional investors.

About EON Resources

EON Resources Inc, an independent oil and natural gas company, focuses on the acquisition, development, exploration, and production of oil and natural gas properties in the Permian Basin. It holds a 100% working interest in the property that consists of 343 wells producing oil and gas, as well as 207 injection wells covering an area of approximately 13,700 contiguous acres. The company was formerly known as HNR Acquisition Corp and changed its name atop EON Resources Inc in September 2024. EON Resources Inc was incorporated in 2020 and is headquartered in Houston, Texas.