WhiteHawk Income Corp. (NYSE:WHK) Sees Significant Growth in Short Interest

WhiteHawk Income Corp. (NYSE:WHK) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 292,613 shares, an increase of 80.2% from the June 15th total of 162,375 shares. Based on an average trading volume of 164,211 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.1% of the shares of the stock are short sold.

WhiteHawk Income Stock Down 1.3%

WHK opened at $25.64 on Friday. WhiteHawk Income has a 12-month low of $25.49 and a 12-month high of $28.60.

Wall Street Analysts Forecast Growth

WHK has been the subject of several research reports. Raymond James Financial assumed coverage on shares of WhiteHawk Income in a research report on Tuesday, July 7th. They set a “strong-buy” rating and a $34.00 price objective for the company. Stephens began coverage on shares of WhiteHawk Income in a report on Monday, July 6th. They issued an “overweight” rating and a $33.00 target price on the stock. Stifel Nicolaus started coverage on shares of WhiteHawk Income in a research note on Monday, July 6th. They set a “buy” rating and a $30.00 target price for the company. Wall Street Zen upgraded shares of WhiteHawk Income to a “hold” rating in a report on Saturday, June 13th. Finally, Capital One Financial assumed coverage on shares of WhiteHawk Income in a research report on Monday, July 6th. They issued an “overweight” rating and a $32.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $31.40.

WhiteHawk Income Company Profile

WhiteHawk is focused on being the premier natural gas mineral and royalty business in the United States. We are committed to delivering cash flow and total returns to our investors through the disciplined acquisition, active management and ownership of high-quality mineral and royalty interests. Our assets are concentrated in the Marcellus and Haynesville Shales, which are located in the Appalachian and Haynesville Basins, which are among the most productive and lowest-cost U.S. natural gas basins(1).