December 1, 2016 - By Marguerite Chambers · 0 Comments
The stock of Dynagas Lng Parners LP (NYSE:DLNG) registered a decrease of 7.7% in short interest. DLNG’s total short interest was 116,300 shares in December as published by FINRA. Its down 7.7% from 126,000 shares, reported previously. With 157,600 shares average volume, it will take short sellers 1 days to cover their DLNG’s short positions. The short interest to Dynagas Lng Parners LP’s float is 0.73%. About 20,178 shares traded hands. Dynagas LNG Partners LP (NYSE:DLNG) has declined 0.64% since April 28, 2016 and is downtrending. It has underperformed by 6.57% the S&P500.
Dynagas LNG Partners LP is organized for the purpose of owning, operating, and acquiring liquid natural gas carriers. The company has a market cap of $568.28 million. The Firm is focused on owning and operating LNG carriers. It has a 8.45 P/E ratio. The Firm operates in the segment relating to its activities as it operates solely LNG vessels.
Out of 7 analysts covering Dynagas LNG Partners (NYSE:DLNG), 4 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 57% are positive. Dynagas LNG Partners has been the topic of 9 analyst reports since August 27, 2015 according to StockzIntelligence Inc. The stock has “Underweight” rating given by Barclays Capital on Monday, January 11. On Monday, February 22 the stock rating was downgraded by Deutsche Bank to “Hold”. As per Thursday, August 27, the company rating was maintained by Stifel Nicolaus. As per Wednesday, October 19, the company rating was initiated by Maxim Group. As per Monday, September 19, the company rating was initiated by Wells Fargo. The rating was initiated by Jefferies with “Buy” on Tuesday, September 13. On Monday, May 9 the stock rating was maintained by Credit Suisse with “Outperform”. On Monday, December 21 the stock rating was maintained by Stifel Nicolaus with “Buy”.
Dynagas LNG Partners LP, incorporated on May 30, 2013, is organized for the purpose of owning, operating, and acquiring liquid natural gas (LNG) carriers. The Firm is focused on owning and operating LNG carriers. The Firm operates in the segment relating to its activities as it operates solely LNG vessels. The Company’s vessels are employed on multi-year time charters, which the Company defines as charters of over two years or more, with international energy companies. The Firm owns and operates a fleet of over six LNG carriers, consisting of the three LNG carriers in the Company’s initial fleet, the Clean Energy, the Ob River and the Amur River, and three 2013-built Ice Class LNG carriers that the Company acquired from its Sponsor the Arctic Aurora, the Yenisei River, and the Lena River, which the Company refers to collectively as the Company’s Fleet.
More notable recent Dynagas LNG Partners LP (NYSE:DLNG) news were published by: Streetinsider.com which released: “Form 6-K Dynagas LNG Partners LP For: Nov 01” on November 01, 2016, also Equitiesfocus.com with their article: “Dynagas LNG Partners LP (NYSE:DLNG) PEG Ratio At -1.0100” published on December 01, 2016, Marketwired.com published: “Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units” on October 21, 2016. More interesting news about Dynagas LNG Partners LP (NYSE:DLNG) were released by: Marketwatch.com and their article: “Dynagas LNG Partners LP” published on November 13, 2013 as well as Nasdaq.com‘s news article titled: “Cash Dividend On The Way From Dynagas LNG Partners LP’s 9.00% Series A …” with publication date: October 31, 2016.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Marguerite Chambers