Tue Oct 01 03:44:58 UTC 2024: ## Short Interest in Hafnia Limited Rises as Hedge Funds Invest

**New York, NY -** Hafnia Limited (NYSE: HAFN), a Bermuda-based oil product tanker operator, saw a significant increase in short interest during September. As of September 15th, short interest reached 807,500 shares, a 6.6% jump from the previous month.

This rise in short interest comes amidst increased activity from hedge funds. Several investment firms, including Mondrian Investment Partners, Allspring Global Investments, Prudential PLC, TD Asset Management, and XTX Topco, acquired new positions in Hafnia during the second quarter.

Despite the short interest, Hafnia’s stock price closed at $7.16 on Monday, after a slight decrease of $0.05. The company’s stock has traded between a 52-week low of $5.66 and a high of $8.99.

Hafnia recently declared a quarterly dividend of $0.4049, marking an increase from the previous quarter’s payout. The company’s annualized dividend of $1.62 translates to a yield of 22.62%.

The company operates a fleet of over 200 vessels transporting oil products and other commodities globally. Hafnia has a market capitalization of $3.63 billion and a P/E ratio of 4.79.

Analysts are watching closely to see how the increased short interest and recent hedge fund investments will affect Hafnia’s stock performance in the coming months.

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