Robin Energy Ltd. (NASDAQ:RBNE) Short Interest Down 30.6% in September

Robin Energy Ltd. (NASDAQ:RBNE) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 668,100 shares, a decline of 30.6% from the September 15th total of 962,400 shares. Approximately 5.9% of the company’s shares are short sold. Based on an average daily volume of 1,770,000 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 1,770,000 shares, the short-interest ratio is currently 0.4 days. Approximately 5.9% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Wall Street Zen raised Robin Energy to a “hold” rating in a research note on Saturday, July 12th.

Robin Energy Stock Performance

RBNE opened at $1.21 on Friday. Robin Energy has a 52-week low of $1.19 and a 52-week high of $24.65. The company’s 50 day simple moving average is $1.54.

Robin Energy (NASDAQ:RBNE) last posted its earnings results on Thursday, October 23rd. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $1.96 million for the quarter.

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.