SunCoke Energy, Inc. (NYSE:SXC) Short Interest Update

SunCoke Energy, Inc. (NYSE:SXC) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 3,950,000 shares, an increase of 19.0% from the February 13th total of 3,320,000 shares. Approximately 4.8% of the company’s shares are short sold. Based on an average daily volume of 1,010,000 shares, the days-to-cover ratio is presently 3.9 days.

SunCoke Energy Trading Down 0.8 %

NYSE:SXC traded down $0.08 during midday trading on Thursday, hitting $9.37. The stock had a trading volume of 96,856 shares, compared to its average volume of 795,304. SunCoke Energy has a one year low of $7.47 and a one year high of $12.82. The company has a market capitalization of $789.96 million, a price-to-earnings ratio of 8.37 and a beta of 0.98. The stock has a 50-day moving average of $9.61 and a 200 day moving average of $9.96. The company has a quick ratio of 1.27, a current ratio of 2.22 and a debt-to-equity ratio of 0.71.

SunCoke Energy (NYSE:SXC) last announced its quarterly earnings data on Thursday, January 30th. The energy company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04. SunCoke Energy had a return on equity of 14.31% and a net margin of 4.95%. As a group, sell-side analysts forecast that SunCoke Energy will post 0.71 EPS for the current year.

SunCoke Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 17th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 5.13%. SunCoke Energy’s dividend payout ratio is currently 42.86%.

Institutional Trading of SunCoke Energy

A number of hedge funds have recently bought and sold shares of the stock. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in SunCoke Energy during the fourth quarter worth $4,401,000. Mackenzie Financial Corp lifted its holdings in shares of SunCoke Energy by 147.8% during the 4th quarter. Mackenzie Financial Corp now owns 54,625 shares of the energy company’s stock valued at $584,000 after purchasing an additional 32,580 shares during the last quarter. PharVision Advisers LLC purchased a new stake in shares of SunCoke Energy during the 4th quarter valued at $530,000. Voloridge Investment Management LLC lifted its holdings in shares of SunCoke Energy by 500.6% during the 4th quarter. Voloridge Investment Management LLC now owns 267,563 shares of the energy company’s stock valued at $2,863,000 after purchasing an additional 223,012 shares during the last quarter. Finally, Virtus Fund Advisers LLC purchased a new stake in shares of SunCoke Energy during the 4th quarter valued at $57,000. Hedge funds and other institutional investors own 90.45% of the company’s stock.

About SunCoke Energy

SunCoke Energy, Inc operates as an independent producer of coke in the Americas and Brazil. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.