Yuma Energy, Inc. (YUMA) Sees Significant Increase in Short Interest

Yuma Energy, Inc. (NYSEAMERICAN:YUMA) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 303,266 shares, a growth of 23.0% from the November 30th total of 246,624 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average trading volume of 208,257 shares, the days-to-cover ratio is presently 1.5 days.

Yuma Energy (NYSEAMERICAN YUMA) opened at $1.45 on Friday. Yuma Energy has a twelve month low of $0.77 and a twelve month high of $3.17.

Yuma Energy (NYSEAMERICAN:YUMA) last announced its earnings results on Monday, November 13th. The oil and gas producer reported ($0.29) earnings per share for the quarter.

An institutional investor recently raised its position in Yuma Energy stock. Sanders Morris Harris LLC increased its holdings in shares of Yuma Energy, Inc. (NYSEAMERICAN:YUMA) by 809.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,694,827 shares of the oil and gas producer’s stock after purchasing an additional 4,178,872 shares during the period. Yuma Energy makes up 1.9% of Sanders Morris Harris LLC’s portfolio, making the stock its 11th biggest position. Sanders Morris Harris LLC owned approximately 37.38% of Yuma Energy worth $4,466,000 as of its most recent SEC filing.

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Yuma Energy Company Profile

Yuma Energy, Inc focuses on the acquisition, development, and exploration for conventional and unconventional oil and natural gas resources in the United States Gulf Coast and California. It has onshore assets comprising the Austin Chalk, Tuscaloosa, Wilcox, Frio, Marg Tex, and Hackberry formations located in central and southern Louisiana; and operated and non-operated assets in south Louisiana, including Cameron, Jefferson Davis, LaFourche, Livingston, St.

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