FNY Investment Advisers LLC Trims Position in Battalion Oil Co. (NYSE:BATL)

FNY Investment Advisers LLC trimmed its stake in Battalion Oil Co. (NYSE:BATL) by 33.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,000 shares of the company’s stock after selling 24,984 shares during the period. FNY Investment Advisers LLC owned about 0.30% of Battalion Oil worth $86,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Geode Capital Management LLC boosted its holdings in shares of Battalion Oil by 5.5% in the third quarter. Geode Capital Management LLC now owns 37,205 shares of the company’s stock valued at $248,000 after purchasing an additional 1,949 shares during the period. 86.01% of the stock is owned by institutional investors.

Battalion Oil Stock Up 2.7 %

Shares of NYSE:BATL opened at $1.89 on Thursday. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 2.65. The business’s 50 day moving average is $3.23 and its 200 day moving average is $4.10. The stock has a market cap of $31.10 million, a P/E ratio of -2.36 and a beta of 0.95. Battalion Oil Co. has a 52-week low of $1.31 and a 52-week high of $9.66.

About Battalion Oil

Battalion Oil Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. It holds interests in the Delaware Basin located in the counties of Pecos, Ward, Reeves, and Winkler, Texas. It serves independent marketers, and oil and natural gas and gas pipeline companies.