Advantage Energy Ltd. (OTCMKTS:AAVVF) Short Interest Up 18.4% in June

Advantage Energy Ltd. (OTCMKTS:AAVVF) saw a large growth in short interest in June. As of June 15th, there was short interest totalling 3,275,600 shares, a growth of 18.4% from the May 31st total of 2,767,600 shares. Based on an average daily volume of 86,700 shares, the days-to-cover ratio is presently 37.8 days.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AAVVF. Scotiabank reiterated a “buy” rating and set a $17.00 price target on shares of Advantage Energy in a research report on Thursday, March 7th. CIBC boosted their price target on Advantage Energy from $9.75 to $10.50 and gave the company a “neutral” rating in a report on Tuesday, March 5th.

Advantage Energy Stock Down 2.1 %

Shares of Advantage Energy stock opened at $7.42 on Tuesday. The company has a fifty day moving average price of $7.93 and a 200 day moving average price of $7.31. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.15. Advantage Energy has a twelve month low of $5.90 and a twelve month high of $8.58. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 17.67 and a beta of 1.64.

Advantage Energy (OTCMKTS:AAVVF) last issued its quarterly earnings data on Thursday, April 25th. The company reported $0.10 EPS for the quarter. Advantage Energy had a net margin of 18.36% and a return on equity of 6.10%. The firm had revenue of $103.39 million for the quarter.

Advantage Energy Company Profile

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.