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

FNY Investment Advisers LLC cut its holdings in shares of Battalion Oil Co. (NYSE:BATL) by 33.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 50,000 shares of the company’s stock after selling 24,984 shares during the period. FNY Investment Advisers LLC’s holdings in Battalion Oil were worth $86,000 as of its most recent SEC filing.

Separately, Geode Capital Management LLC increased its holdings in shares of Battalion Oil by 5.5% in the 3rd quarter. Geode Capital Management LLC now owns 37,205 shares of the company’s stock valued at $248,000 after acquiring an additional 1,949 shares during the period. 86.01% of the stock is owned by institutional investors.

Battalion Oil Trading Up 2.7 %

BATL opened at $1.89 on Thursday. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 2.65. The firm has a market cap of $31.10 million, a price-to-earnings ratio of -2.36 and a beta of 0.95. Battalion Oil Co. has a 12 month low of $1.31 and a 12 month high of $9.66. The stock has a fifty day moving average price of $3.23 and a 200-day moving average price of $4.10.

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.