Okeanis Eco Tankers Corp. (NYSE:ECO) Short Interest Up 183.5% in May

14 Jun 2026, 15:38 by Sarita Garza · The Markets Daily

Okeanis Eco Tankers Corp. (NYSE:ECO – Get Free Report) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 504,968 shares, an increase of 183.5% from the May 14th total of 178,101 shares. Approximately 1.3% of the shares of the company are short sold. Based on an average daily trading volume, of 598,612 shares, the short-interest ratio is presently 0.8 days.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Weiss Ratings downgraded shares of Okeanis Eco Tankers from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, March 25th. Zacks Research raised shares of Okeanis Eco Tankers from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. Pareto Securities downgraded shares of Okeanis Eco Tankers from a “buy” rating to a “hold” rating and set a $57.50 price objective for the company. in a report on Monday, May 25th. B. Riley Financial upped their price objective on shares of Okeanis Eco Tankers from $55.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Finally, Wall Street Zen downgraded shares of Okeanis Eco Tankers from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.89.

Check Out Our Latest Analysis on Okeanis Eco Tankers

Hedge Funds Weigh In On Okeanis Eco Tankers

A number of hedge funds have recently made changes to their positions in ECO. BNP Paribas Financial Markets acquired a new position in shares of Okeanis Eco Tankers in the 2nd quarter valued at $25,000. Fifth Third Bancorp acquired a new position in shares of Okeanis Eco Tankers in the 1st quarter valued at $29,000. Quarry LP acquired a new position in shares of Okeanis Eco Tankers in the 3rd quarter valued at $29,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Okeanis Eco Tankers by 102.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,052 shares of the company’s stock valued at $36,000 after buying an additional 532 shares in the last quarter. Finally, State of Wyoming acquired a new position in shares of Okeanis Eco Tankers in the 2nd quarter valued at $107,000.

Okeanis Eco Tankers Stock Performance

NYSE:ECO traded up $2.86 during trading hours on Friday, hitting $52.62. 490,978 shares of the company traded hands, compared to its average volume of 442,701. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 9.30 and a beta of -0.05. Okeanis Eco Tankers has a twelve month low of $21.27 and a twelve month high of $58.45. The firm has a 50-day moving average of $52.04 and a 200 day moving average of $45.02. The company has a current ratio of 1.70, a quick ratio of 1.56 and a debt-to-equity ratio of 0.75.

Okeanis Eco Tankers (NYSE:ECO – Get Free Report) last released its earnings results on Wednesday, May 13th. The company reported $2.33 EPS for the quarter, beating the consensus estimate of $1.74 by $0.59. The firm had revenue of $170.17 million during the quarter, compared to analysts’ expectations of $134.02 million. Okeanis Eco Tankers had a net margin of 41.26% and a return on equity of 37.13%. On average, analysts forecast that Okeanis Eco Tankers will post 9.53 EPS for the current year.

Okeanis Eco Tankers Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Thursday, May 28th were paid a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 15.2%. The ex-dividend date was Thursday, May 28th. This is an increase from Okeanis Eco Tankers’s previous quarterly dividend of $1.55. Okeanis Eco Tankers’s dividend payout ratio is currently 141.34%.

Okeanis Eco Tankers Company Profile

(Get Free Report)

Okeanis Eco Tankers Corp. is a Marshall Islands–incorporated, publicly traded shipping company specializing in the ownership and operation of eco-design product tankers. The company made its debut on the New York Stock Exchange under the ticker “ECO” in May 2019 following an initial public offering. It focuses on the acquisition of newbuilding medium-range (MR) and long-range (LR) product tankers designed to deliver enhanced fuel efficiency and reduced emissions.