Short Interest in Dynagas LNG Partners LP (NYSE:DLNG) Decreases By 16.5%

Key Points

• Short interest decreased 16.5% to 65,343 shares as of April 15, giving a short-interest ratio of 0.9 days and representing about 0.2% of the company's shares.
• Dynagas beat quarterly estimates with $0.34 EPS versus $0.26 expected and $37.84M revenue versus $35.68M consensus, and it pays a quarterly dividend of $0.05 (annualized $0.20) for an approximate 5.1% yield.
• Analyst sentiment is a consensus Hold, with Weiss Ratings recently downgrading the stock from "buy" to "hold."

Dynagas LNG Partners LP (NYSE:DLNG - Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 65,343 shares, a decline of 16.5% from the March 31st total of 78,251 shares. Based on an average trading volume of 74,835 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Weiss Ratings lowered Dynagas LNG Partners from a "buy (b-)" rating to a "hold (c)" rating in a research note on Monday, April 13th. Wall Street Zen raised shares of Dynagas LNG Partners to a "hold" rating in a report on Saturday, February 14th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of "Hold".

Dynagas LNG Partners Trading Up 0.6%

NYSE DLNG opened at $3.89 on Friday. The stock's 50 day moving average is $4.07 and its two-hundred day moving average is $3.86. The company has a market capitalization of $141.49 million, a price-to-earnings ratio of 2.84 and a beta of 0.66. Dynagas LNG Partners has a 1-year low of $3.31 and a 1-year high of $4.45.

Dynagas LNG Partners (NYSE:DLNG - Get Free Report) last released its quarterly earnings data on Friday, March 13th. The shipping company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.08. The company had revenue of $37.84 million for the quarter, compared to the consensus estimate of $35.68 million. Dynagas LNG Partners had a return on equity of 14.96% and a net margin of 39.36%.

Dynagas LNG Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend was Monday, February 23rd. Dynagas LNG Partners's payout ratio is presently 14.60%.

Institutional Investors Weigh In On Dynagas LNG Partners

Institutional investors and hedge funds have recently made changes to their positions in the company. Baader Bank Aktiengesellschaft acquired a new stake in shares of Dynagas LNG Partners in the 3rd quarter valued at $36,000. XTX Topco Ltd acquired a new stake in shares of Dynagas LNG Partners in the 4th quarter valued at $57,000. Diversified Enterprises LLC acquired a new stake in shares of Dynagas LNG Partners in the 4th quarter valued at $81,000. Virtu Financial LLC acquired a new stake in shares of Dynagas LNG Partners in the 4th quarter valued at $100,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Dynagas LNG Partners by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 43,036 shares of the shipping company's stock valued at $151,000 after purchasing an additional 21,518 shares in the last quarter.

About Dynagas LNG Partners

Dynagas LNG Partners LP is a publicly traded limited partnership focused on the ownership and operation of liquefied natural gas (LNG) carriers. The partnership provides seaborne transportation services under long-term, fixed-rate charters, catering primarily to major energy companies and utility providers. Its vessels are designed to carry LNG at cryogenic temperatures, enabling large-scale cargo movements between exporting and importing regions worldwide.

The fleet comprises modern membrane-type LNG carriers built to high engineering and environmental standards.

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