Stealthgas Inc (NASDAQ:GASS) Has Decline in Shorts

StealthGas Inc. (NASDAQ:GASS) Logo

The stock of Stealthgas Inc (NASDAQ:GASS) registered a decrease of 9.64% in short interest. GASS’s total short interest was 25,300 shares in August as published by FINRA. Its down 9.64% from 28,000 shares, reported previously. With 39,600 shares average volume, it will take short sellers 1 days to cover their GASS’s short positions. The short interest to Stealthgas Inc’s float is 0.08%.

The stock decreased 0.31% or $0.01 during the last trading session, reaching $3.26. About 23,286 shares traded. StealthGas Inc. (NASDAQ:GASS) has declined 2.67% since August 15, 2018 and is downtrending. It has underperformed by 2.67% the S&P500.

StealthGas Inc., together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas producers and users worldwide. The company has market cap of $130.55 million. It also provides crude oil and product carriers chartered to oil producers, refiners, and commodities traders. It currently has negative earnings. The firm carries various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer; refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals; and crude oil.

More notable recent StealthGas Inc. (NASDAQ:GASS) news were published by: Nasdaq.com which released: “Kohl’s, Shopify, Netflix and Facebook highlighted as Zacks Bull and Bear of the Day – Nasdaq” on April 12, 2019, also Seekingalpha.com with their article: “StealthGas, Inc. (GASS) CEO Harry Vafias on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on February 25, 2019, Benzinga.com published: “Companies That Achieved 52-Week Highs Friday – Benzinga” on July 26, 2019. More interesting news about StealthGas Inc. (NASDAQ:GASS) were released by: Finance.Yahoo.com and their article: “Imagine Owning StealthGas (NASDAQ:GASS) While The Price Tanked 67% – Yahoo Finance” published on April 25, 2019 as well as Globenewswire.com‘s news article titled: “STEALTHGAS INC. Reports Fourth Quarter and Twelve Months Ended December 31, 2018 Financial and Operating Results – GlobeNewswire” with publication date: February 21, 2019.

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