Icon Energy Corp. (NASDAQ:ICON) Short Interest Update

Icon Energy Corp. (NASDAQ:ICON) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 81,407 shares, a growth of 77.0% from the June 30th total of 45,995 shares. Based on an average daily volume of 1,240,664 shares, the short-interest ratio is currently 0.1 days. Approximately 12.4% of the company’s stock are short sold.

Icon Energy Stock Up 9.3%

Shares of NASDAQ ICON traded up $0.09 during trading hours on Thursday, hitting $1.06. The stock had a trading volume of 46,115 shares, compared to its average volume of 606,342. The company has a market capitalization of $731,400.00, a P/E ratio of -0.04 and a beta of 5.75. The firm’s 50-day moving average price is $1.03 and its two-hundred day moving average price is $1.28. Icon Energy has a 52 week low of $0.78 and a 52 week high of $13.96. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.52 and a current ratio of 2.57.

Icon Energy (NASDAQ:ICON) last released its quarterly earnings data on Friday, May 15th. The brand management company reported ($0.33) EPS for the quarter. The company had revenue of $3.65 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Icon Energy stock. Citadel Advisors LLC acquired a new stake in Icon Energy Corp. (NASDAQ:ICON) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 45,018 shares of the brand management company’s stock, valued at approximately $95,000. Citadel Advisors LLC owned about 2.02% of Icon Energy at the end of the most recent quarter.

About Icon Energy

Iconix Brand Group, Inc is a brand management company. As of December 31, 2016, the Company owned a portfolio of over 30 global consumer brands across women’s, men’s, and home categories. The Company operates through segments: men’s, women’s, home and international. The Company’s brand portfolio includes brands, such as Candie’s, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper and Artful Dodger, and interests in Material Girl, Ed Hardy, Truth or Dare, Modern Amusement, Buffalo, Nick Graham Hydraulic and PONY brands.