Permian Basin Royalty Trust (NYSE:PBT) Sees Significant Decline in Short Interest

14 Apr 2026, 15:44 by Teresa Graham · The Cerbat Gem

Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 98,350 shares, a decrease of 32.1% from the March 15th total of 144,838 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 172,298 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PBT. Geneos Wealth Management Inc. bought a new stake in Permian Basin Royalty Trust in the 3rd quarter valued at $27,000. Kestra Advisory Services LLC bought a new position in Permian Basin Royalty Trust during the fourth quarter worth $28,000. Foster Dykema Cabot & Partners LLC bought a new position in Permian Basin Royalty Trust during the third quarter worth $40,000. NewEdge Advisors LLC increased its holdings in shares of Permian Basin Royalty Trust by 53.1% in the second quarter. NewEdge Advisors LLC now owns 3,762 shares of the oil and gas producer’s stock valued at $47,000 after purchasing an additional 1,304 shares during the last quarter. Finally, Atlantic Union Bankshares Corp increased its holdings in shares of Permian Basin Royalty Trust by 16.2% in the third quarter. Atlantic Union Bankshares Corp now owns 7,582 shares of the oil and gas producer’s stock valued at $138,000 after purchasing an additional 1,058 shares during the last quarter. 28.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut Permian Basin Royalty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 30th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

View Our Latest Research Report on Permian Basin Royalty Trust

Permian Basin Royalty Trust Price Performance

PBT stock traded down $0.61 during midday trading on Tuesday, hitting $21.36. The company’s stock had a trading volume of 99,587 shares, compared to its average volume of 103,865. The company’s fifty day moving average price is $20.36 and its 200 day moving average price is $18.83. Permian Basin Royalty Trust has a twelve month low of $9.27 and a twelve month high of $22.71. The stock has a market capitalization of $995.40 million, a P/E ratio of 66.74 and a beta of 0.41.

Permian Basin Royalty Trust (NYSE:PBT – Get Free Report) last posted its quarterly earnings data on Friday, March 27th. The oil and gas producer reported $0.06 EPS for the quarter. The company had revenue of $2.61 million during the quarter. Permian Basin Royalty Trust had a net margin of 89.06% and a return on equity of 8,774.67%.

Permian Basin Royalty Trust Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be paid a $0.0107 dividend. The ex-dividend date is Tuesday, March 31st. This represents a c) annualized dividend and a yield of 0.6%. Permian Basin Royalty Trust’s dividend payout ratio is currently 53.13%.

About Permian Basin Royalty Trust

(Get Free Report)

Permian Basin Royalty Trust (NYSE: PBT) is a passive investment vehicle that holds overriding royalty interests in oil and gas properties located in the Permian Basin region of West Texas. Established in 1980 by Apache Oil Company, the Trust does not engage in exploration or production activities. Instead, it owns net profit interests on specified acreage, allowing unitholders to participate directly in the cash flows generated by hydrocarbon extraction without bearing the costs or risks associated with day-to-day field operations.