Duff & Phelps Select Energy ML (NYSE:DSE):
Duff & Phelps Select Energy MLP Fund Inc. Declares Quarterly Distribution of $0.22 per Share.
In the market the company is trading up by 1.43% percent from yesterday’s close.
Duff & Phelps Select Energy MLP Fund Inc. is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc. The fund is co-managed by Duff & Phelps Investment Management Co. and Virtus Alternative Investment Advisers, Inc. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy sector, with an emphasis on companies involved in the business of exploring, developing, producing, gathering, transporting, processing, storing, refining, distributing, mining, or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal. It primarily invests in equity securities of midstream MLPs and stocks of companies across all market capitalizations. The fund employs both fundamental and quantitative analysis with a bottom-up stock picking approach, focusing on such factors as management philosophy and track record, competitive advantages via barriers to entry, long-term customer relationships and geographic footprint, regulatory landscape via permitting and export laws, quality of asset drop-down inventory including right of first offer, and assessment of fee-based contract structure including minimum volume commitments, inflation escalators, and take-or-pay provisions to create its portfolio. Duff & Phelps Select Energy MLP Fund Inc. was formed on March 28, 2014 and is domiciled in the United States..
The P/E ratio is N/A and the market cap is 12.85M. In the last earnings report the EPS was $-0.51 with 400.21M shares outstanding.
Short traders are more bearish of late as shown by the change in short interest. The firm realized a rise in short interest of 723.58% as of October 31, 2017 from the last reporting period. Short shares increased from 6,154 to 50,683 over that period. With short interest at 50,683 and short average daily volume at 199,164, days to cover is 0.0 and the short interest percentage is 0.00% as of October 31.