HighPeak Energy, Inc. (NASDAQ:HPKEW) Sees Significant Decrease in Short Interest

HighPeak Energy, Inc. (NASDAQ:HPKEWGet Rating) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 4,600 shares, a decrease of 51.6% from the May 15th total of 9,500 shares. Based on an average trading volume of 12,000 shares, the short-interest ratio is presently 0.4 days.

An institutional investor recently raised its position in HighPeak Energy stock. Syntal Capital Partners LLC grew its holdings in HighPeak Energy, Inc. (NASDAQ:HPKEWGet Rating) by 65.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 696,686 shares of the company’s stock after purchasing an additional 276,354 shares during the period. HighPeak Energy makes up 3.3% of Syntal Capital Partners LLC’s investment portfolio, making the stock its 5th largest position. Syntal Capital Partners LLC’s holdings in HighPeak Energy were worth $8,534,000 as of its most recent SEC filing.

HPKEW opened at $23.08 on Friday. HighPeak Energy has a 52-week low of $1.88 and a 52-week high of $26.43.

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