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 presently 1.8 days.

Wall Street Analyst Weigh In

WHK has been the subject of several recent research reports. Stephens started coverage on WhiteHawk Income in a report on Monday, July 6th. They issued an “overweight” rating and a $33.00 price target for the company. Stifel Nicolaus started coverage on WhiteHawk Income in a report on Monday, July 6th. They issued a “buy” rating and a $30.00 target price for the company. Zacks Research raised WhiteHawk Income to a “hold” rating in a research note on Tuesday, July 7th. Wall Street Zen raised WhiteHawk Income to a “hold” rating in a research note on Saturday, June 13th. Finally, Capital One Financial began coverage on WhiteHawk Income in a report on Monday, July 6th. They set an “overweight” rating and a $32.00 price target on the stock. One 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 stock. Based on data from MarketBeat, WhiteHawk Income presently has a consensus rating of “Moderate Buy” and an average target price of $31.40.

WhiteHawk Income Stock Performance

WhiteHawk Income stock opened at $25.95 on Friday. WhiteHawk Income has a 1-year low of $25.49 and a 1-year high of $28.60.

About WhiteHawk Income

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).