Hafnia Limited (NYSE:HAFN) Stock Short Interest Rises 218.2%

Hafnia Limited (NYSE:HAFN) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,710,731 shares, an increase of 218.2% from the September 15th total of 1,166,186 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 3,525,242 shares, the days-to-cover ratio is currently 1.1 days.

More Hafnia News

Here are the key news stories impacting Hafnia this week:

• Positive Sentiment: Analysts maintain a “Buy” view. Wall Street analysts continue to rate Hafnia favorably, providing support for the stock’s valuation and investor confidence. Hafnia Limited Stock Rated Buy by Wall Street Analysts
• Positive Sentiment: Higher oil-transport costs are lifting tanker stocks. A broad shipping-sector rally pushed a global shipping exchange-traded fund to a record high, with Hafnia, Torm and Teekay Tankers among the beneficiaries. Elevated freight rates and strong demand for oil and refined-product transportation could improve Hafnia’s revenue, margins and shareholder distributions. Tanker Boom and Shipping ETF Rally
• Neutral Sentiment: CFO sold shares but retains a substantial holding. Chief Financial Officer Perry Van Echtelt sold 50,000 Hafnia shares at an average price of NOK 101.5203, worth approximately $530,000. He continues to hold 563,544 shares and options, reducing concerns that the transaction represents a broad loss of confidence, although insider selling may limit near-term enthusiasm. Hafnia Mandatory Notification of Insider Trade
• Neutral Sentiment: Former Hafnia CEO Mikael Skov joined the board of Dee4 Capital Partners. The appointment is not a direct operational update for Hafnia, but it may attract attention because of Skov’s prior connection to the tanker company. Mikael Skov Joins Dee4 Capital Partners Board
• Negative Sentiment: Short interest increased sharply. Hafnia’s reported short interest jumped 218.2%, signaling that some investors are positioning for a pullback after the stock’s rally. While short covering could amplify further gains, the increase also highlights heightened downside and volatility risk. Hafnia Short Interest Jumps 218.2 Percent

Hafnia Stock Down 0.7%

NYSE:HAFN opened at $10.85 on Wednesday. Hafnia has a 12-month low of $5.17 and a 12-month high of $11.10. The company has a quick ratio of 1.49, a current ratio of 1.66 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $5.56 billion, a P/E ratio of 8.27 and a beta of 0.52. The stock’s fifty day simple moving average is $8.96 and its 200-day simple moving average is $8.24.

Hafnia (NYSE:HAFN) last announced its quarterly earnings data on Saturday, August 29th. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.02. The business had revenue of $834.53 million during the quarter, compared to analysts’ expectations of $394.57 million. Hafnia had a return on equity of 26.74% and a net margin of 56.72%.

Hafnia Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 8th were issued a dividend of $0.5003 per share. This represents a $2.00 dividend on an annualized basis and a yield of 18.5%. This is an increase from Hafnia’s previous quarterly dividend of $0.2877. The ex-dividend date was Tuesday, September 8th. Hafnia’s dividend payout ratio (DPR) is 151.52%.

Institutional Trading of Hafnia

A number of institutional investors and hedge funds have recently modified their holdings of HAFN. Pictet Asset Management Holding SA raised its position in Hafnia by 1.8% in the 1st quarter. Pictet Asset Management Holding SA now owns 91,384 shares of the company’s stock valued at $700,000 after buying an additional 1,650 shares during the last quarter. Amundi raised its holdings in shares of Hafnia by 5.4% in the first quarter. Amundi now owns 67,213 shares of the company’s stock valued at $511,000 after purchasing an additional 3,465 shares during the last quarter. Quantinno Capital Management LP raised its holdings in shares of Hafnia by 7.0% in the first quarter. Quantinno Capital Management LP now owns 55,859 shares of the company’s stock valued at $425,000 after purchasing an additional 3,639 shares during the last quarter. Aristides Capital LLC lifted its position in shares of Hafnia by 12.9% in the first quarter. Aristides Capital LLC now owns 37,882 shares of the company’s stock worth $288,000 after purchasing an additional 4,334 shares in the last quarter. Finally, Blue Trust Inc. bought a new stake in shares of Hafnia in the first quarter worth $48,000.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on HAFN shares. Pareto Securities raised Hafnia from a “hold” rating to a “buy” rating in a report on Tuesday, September 29th. Weiss Ratings raised shares of Hafnia from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, September 21st. Wall Street Zen lowered shares of Hafnia from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 26th. Finally, BTIG Research lifted their price target on shares of Hafnia from $10.00 to $12.00 and gave the stock a “buy” rating in a research report on Friday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Hafnia presently has a consensus rating of “Buy” and a consensus price target of $12.00.

About Hafnia

Hafnia Limited is a maritime transportation company that owns and operates product tankers. The company transports refined petroleum products, vegetable oils, and other liquid bulk commodities for customers around the world.

Its fleet serves several segments of the product tanker market, including vessels used to carry cargoes over regional and long-haul routes. In addition to vessel ownership, Hafnia provides commercial management, chartering, pool management, and technical and operational services designed to support the transportation of liquid products.

Hafnia is headquartered in Singapore and operates globally, serving major energy, commodities, and industrial markets.