WhiteHawk Income Corp. (NYSE:WHK) Sees Large Increase in Short Interest

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

WhiteHawk Income Stock Down 0.2%

WhiteHawk Income stock opened at $25.95 on Friday. WhiteHawk Income has a 52-week low of $25.49 and a 52-week high of $28.60.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Capital One Financial assumed coverage on shares of WhiteHawk Income in a research note on Monday, July 6th. They issued an “overweight” rating and a $32.00 price target on the stock. Raymond James Financial assumed coverage on WhiteHawk Income in a research note on Tuesday, July 7th. They set a “strong-buy” rating and a $34.00 price objective for the company. Stifel Nicolaus assumed coverage on WhiteHawk Income in a report on Monday, July 6th. They set a “buy” rating and a $30.00 target price for the company. Wall Street Zen upgraded WhiteHawk Income to a “hold” rating in a research report on Saturday, June 13th. Finally, Zacks Research upgraded WhiteHawk Income to a “hold” rating in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, WhiteHawk Income presently has an average rating of “Moderate Buy” and a consensus price target 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).