Trading was light with 0 shares changing hands by the end of trading on Tuesday. Volume was down 100.00% under the stocks average daily volume.
Investors are more bullish on shares of the company lately if you evaluate the change in short interest. The stock recorded a fall in short interest of -4.98% as of the latest report on September 15, 2017. Short interest fell from 127,955 to 121,577 over that period. The short-interest ratio decreased to 15.0 and the short interest percentage is 0.02% as of September 15.
Additionally, here are a few investment firms who have increased or decreased their stake in (DGAS). As of the end of the quarter Tower Research Capital LLC (trc) had disposed of 201 shares trimming its stake by 81.4%. The value in dollars decreased from $7,000 to $1,000 a change of $6,000 for the reporting period. Chicago Capital Management, LLC added to its holdings by buying 32,632 shares an increase of 23.3% from 03/31/2017 to 06/30/2017. Chicago Capital Management, LLC currently owns 172,723 shares valued at $5,263,000. The total value of its holdings increased 23.8%.
As of quarter end Ubs Group Ag had sold a total of 43 shares trimming its holdings by 4.9%. The value of the investment in (DGAS) went from $26,000 to $25,000 a change of 3.8% since the last quarter. Kassirer Asset Management Corp augmented its position by buying 11,401 shares an increase of 58.5% in the quarter. Kassirer Asset Management Corp claims 30,904 shares worth $942,000. The value of the position overall is up by 59.1%.
The company is unchanged since yesterday’s close of $30.69. Shares of the company are trading at $30.69 which is just a bit higher than the 50 day moving average which is $30.58 and which is a tad above the 200 day moving average of $30.37. The 50 day moving average was up $0.11 or +0.37% whereas the 200 day average was up by +1.06%.
Delta Natural Gas Company, Inc. currently has a P/E ratio of 39.60 and the market cap is 218.97M.
Delta Natural Gas Company, Inc., launched on October 7, 1949, distributes or transports natural gas to approximately 36,000 customers. The Business’s segments include regulated segment and non-regulated segment. Its distribution and transmission systems are located in central and southeastern Kentucky, and it owns and operates an underground natural gas storage field in southeastern Kentucky. The Company transports natural gas to industrial customers to purchase their natural gas in the open market and it also transports natural gas on behalf of local producers and customers not on its distribution system, and extracts liquids from natural gas in its owned subsidiaries. The Company owns approximately 2,600 miles of natural gas gathering, transmission, distribution and storage lines. These lines range in size over 12 inches in diameter. It also holds leases for the storage of natural gas under approximately 8,000 acres located in Bell County, Kentucky..