Robin Energy Ltd. (NASDAQ:RBNE – Get Free Report) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 35,244 shares, a decrease of 45.9% from the July 30th total of 65,145 shares. Approximately 2.6% of the company’s stock are sold short. Based on an average daily volume of 56,616 shares, the short-interest ratio is currently 0.6 days.
Analyst Ratings Changes
RBNE has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Robin Energy from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings restated a “sell (d)” rating on shares of Robin Energy in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.
View Our Latest Analysis on RBNE
Robin Energy Price Performance
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of RBNE. Two Sigma Investments LP purchased a new stake in shares of Robin Energy in the third quarter valued at about $51,000. Virtu Financial LLC purchased a new position in shares of Robin Energy during the third quarter worth about $28,000. Citadel Advisors LLC acquired a new position in Robin Energy in the 3rd quarter valued at about $585,000. Connective Capital Management LLC purchased a new stake in Robin Energy during the 3rd quarter valued at approximately $78,000. Finally, Empery Asset Management LP purchased a new stake in Robin Energy during the 4th quarter valued at approximately $882,000.
Robin Energy Company Profile
Robin Energy Ltd. operates as a holding company that provides tanker vessel services. The company was founded by Petros Panagiotidis on September 24, 2024 and is headquartered in Limassol, Cyrus.
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