Robin Energy Ltd. (NASDAQ:RBNE) Short Interest Down 45.9% in August

Robin Energy Ltd. (NASDAQ:RBNEGet 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

Shares of RBNE stock traded up $0.03 during trading hours on Monday, hitting $2.65. The stock had a trading volume of 8,634 shares, compared to its average volume of 189,500. The firm has a market capitalization of $3.52 million, a PE ratio of 5.89 and a beta of 1.51. The stock’s 50 day moving average is $5.11 and its 200 day moving average is $21.05. Robin Energy has a twelve month low of $2.07 and a twelve month high of $374.25.

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

(Get Free Report)

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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