SunCoke Energy, Inc. (NYSE:SXC) Short Interest Update

SunCoke Energy, Inc. (NYSE:SXC) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 3,950,000 shares, a growth of 19.0% from the February 13th total of 3,320,000 shares. Approximately 4.8% of the shares of the stock are short sold. Based on an average daily volume of 1,010,000 shares, the short-interest ratio is currently 3.9 days.

Institutional Trading of SunCoke Energy

A number of institutional investors have recently added to or reduced their stakes in SXC. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of SunCoke Energy in the 4th quarter valued at about $4,401,000. Mackenzie Financial Corp raised its holdings in shares of SunCoke Energy by 147.8% in the 4th quarter. Mackenzie Financial Corp now owns 54,625 shares of the energy company’s stock valued at $584,000 after acquiring an additional 32,580 shares in the last quarter. PharVision Advisers LLC purchased a new stake in shares of SunCoke Energy in the 4th quarter valued at about $530,000. Voloridge Investment Management LLC raised its holdings in shares of SunCoke Energy by 500.6% in the 4th quarter. Voloridge Investment Management LLC now owns 267,563 shares of the energy company’s stock valued at $2,863,000 after acquiring an additional 223,012 shares in the last quarter. Finally, Virtus Fund Advisers LLC purchased a new stake in shares of SunCoke Energy in the 4th quarter valued at about $57,000. Hedge funds and other institutional investors own 90.45% of the company’s stock.

SunCoke Energy Price Performance

SXC traded up $0.25 during trading on Wednesday, reaching $9.46. 1,038,059 shares of the company were exchanged, compared to its average volume of 798,432. The company’s 50-day moving average is $9.62 and its two-hundred day moving average is $9.96. The company has a market cap of $797.55 million, a price-to-earnings ratio of 8.44 and a beta of 0.98. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71. SunCoke Energy has a 12-month low of $7.47 and a 12-month high of $12.82.

SunCoke Energy (NYSE:SXC) last issued its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. Research analysts forecast that SunCoke Energy will post 0.71 earnings per share for the current fiscal year.

SunCoke Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Monday, February 17th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 5.08%. SunCoke Energy’s dividend payout ratio (DPR) is 42.86%.

SunCoke Energy Company Profile

SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.