In September, there was a marked decrease in short-interest. The September 30th short interest totalled 49,180,000 shares. This is 6.6% less than the September 15th total 52,630,000 shares. Based on an average daily volume 8800,000 shares the days-to-cover ratio currently stands at 5.6 days.
Insider Buying & Selling
In related news, Kimberly T. Bowron was the insider who sold 14,681 shares stock of the company in a transaction that took place Monday, August 22nd. The stock was sold at a price average of $3.08 and a total value $45,217.48. After the transaction was completed, the insider now has 191,153 shares, worth approximately $588751.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Gevo News: VP Geoffrey Thomas Jr. Williams The stock was sold in a transaction that took place Monday, August 22nd. 18,041 shares were sold. The stock was purchased at an average price $3.08 for a total transaction value of $55,566.28. The transaction was completed and the vice president now has 371,606 shares of stock valued at $1144,546.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In addition, Kimberly T. Bowron, an insider, sold 14,681 shares in a stock transaction that took place Monday, August 22nd. The shares were purchased at an average price $3.08 for a total of $45,217.48. The insider now has 191,153 shares of company stock, valued at $588,751.24. This disclosure can be found. here. In the last 90-days, insiders have sold 354,696 shares company stock worth $1,092,464. Company insiders own 3.60%.
Institutional Investors weigh in on Gevo
Hedge funds and institutional investors have made changes to their stock position in recent weeks. State Street Corp increased its Gevo stock holdings by 48.2% in quarter 2. State Street Corp now holds 35,309 857 shares of the stock, which is valued at $82,978,000. It also purchased an additional 11,479 996 shares during the quarter. Vanguard Group Inc. saw its Gevo stock position increase by 1.7% in quarter one. Vanguard Group Inc. now has 10,707987 shares of the stock, which is worth $50.114,000. During this period, Vanguard Group Inc. also acquired an additional 176,642 shares. Rafferty Asset Management LLC increased its position in Gevo by 1128% in the second quarter. Rafferty Asset Management LLC now holds 3,461,757 shares in the stock of the energy company worth $8,135,000. During the period, it also acquired an additional 1,834,887 shares. Millennium Management LLC increased its Gevo position to 1,360.0% in quarter 2. Millennium Management LLC now has 3,114,027 shares worth $7318,000 in stock. The company also acquired 2,900,744 additional shares during the period. Finally, Grantham Mayo Van Otterloo & Co. LLC grew its position in Gevo by 62.5% in the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 2,666,700 shares of the energy company’s stock worth $6,267,000 after acquiring an additional 1,025,500 shares during the period. 49.47% of the stock is owned by institutional investors and hedge funds.
Gevo Price Performance
Shares of Gevo stock The stock traded up $0.22 on Monday during mid-day trading, reaching $2.22. The stock traded for 9,242,657 shares, compared to its average volume, 9,689,108. Gevo’s fifty-two-week low was $1.91, and its fifty-two-week high was $7.93. The company has a quick ratio (18.81), a current ratio (18.91) and a debt to equity ratio (0.13). The stock has a capitalization of $522.07million, an PE ratio of 7.45 and a beta score of 3.21. The stock has a 50-day moving mean of $2.77 and a 200-day moving mean of $3.16.
Gevo (NASDAQ:GEVO – Get RatingThe company posted its last quarterly earnings results on Monday August 8th. The quarter ended with ($0.06) EPS, beating the consensus estimate ($0.08) by $0.02. Gevo had a negative return-on-equity of 10.36%, and a negative net margin at 11,552.61%. The revenue earned by the firm was $0.09million, which was lower than analysts’ expectations. Analysts predict that Gevo will post an average of -0.3 EPS in the current year.
Gevo Company Profile
Gevo, Inc is a company that produces renewable fuels. It operates in four segments: Gevo and Agri-Energy. The company sells gasoline, jet fuel and diesel fuel in order to achieve zero carbon emissions and reduce greenhouse gas emissions using sustainable alternatives.
This is what you need to know before you even consider Gevo.
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