CONSOL Energy Inc. (NYSE:CEIX) Short Interest Down 10.0% in April

CONSOL Energy Inc. (NYSE:CEIX - Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 2,060,000 shares, a decrease of 10.0% from the April 15th total of 2,290,000 shares. Based on an average daily volume of 566,900 shares, the days-to-cover ratio is presently 3.6 days. Currently, 7.1% of the shares of the company are sold short.

Insider Buying and Selling at CONSOL Energy

In other news, CAO John Rothka sold 2,000 shares of CONSOL Energy stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $94.56, for a total value of $189,120.00. Following the completion of the transaction, the chief accounting officer now owns 13,108 shares in the company, valued at $1,239,492.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.10% of the company's stock.

Institutional Investors Weigh In On CONSOL Energy

Large investors have recently added to or reduced their stakes in the business. Pacer Advisors Inc. raised its holdings in shares of CONSOL Energy by 58.3% in the 4th quarter. Pacer Advisors Inc. now owns 1,208,213 shares of the company's stock valued at $121,462,000 after acquiring an additional 445,155 shares in the last quarter. Vanguard Group Inc. raised its stake in CONSOL Energy by 21.0% in the fourth quarter. Vanguard Group Inc. now owns 2,437,023 shares of the company's stock valued at $244,994,000 after purchasing an additional 423,338 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC purchased a new stake in CONSOL Energy in the third quarter valued at approximately $31,922,000. Hennessy Advisors Inc. bought a new stake in CONSOL Energy during the fourth quarter valued at approximately $20,810,000. Finally, Dalal Street LLC grew its stake in CONSOL Energy by 94.9% in the 3rd quarter. Dalal Street LLC now owns 396,570 shares of the company's stock worth $41,604,000 after buying an additional 193,096 shares in the last quarter. Institutional investors own 86.54% of the company's stock.

Analysts Set New Price Targets

Separately, B. Riley decreased their price objective on CONSOL Energy from $100.00 to $98.00 and set a "buy" rating on the stock in a research note on Wednesday, April 10th.

CONSOL Energy Price Performance

Shares of CONSOL Energy stock traded up $3.38 on Wednesday, reaching $90.50. The stock had a trading volume of 372,660 shares, compared to its average volume of 531,836. The business's 50 day moving average is $84.51 and its two-hundred day moving average is $91.70. The company has a current ratio of 1.47, a quick ratio of 1.21 and a debt-to-equity ratio of 0.13. CONSOL Energy has a 1 year low of $53.40 and a 1 year high of $114.30. The company has a market cap of $2.66 billion, a P/E ratio of 5.49 and a beta of 1.77.

CONSOL Energy (NYSE:CEIX - Get Free Report) last posted its earnings results on Tuesday, May 7th. The company reported $3.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.19 by $1.20. The business had revenue of $565.00 million for the quarter, compared to analysts' expectations of $516.85 million. CONSOL Energy had a net margin of 21.57% and a return on equity of 39.24%. The business's revenue for the quarter was down 17.9% compared to the same quarter last year. During the same period in the prior year, the company posted $6.55 EPS. As a group, research analysts anticipate that CONSOL Energy will post 11.58 EPS for the current year.

CONSOL Energy Company Profile

CONSOL Energy Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.