Advantage Energy Ltd. (OTCMKTS:AAVVF) Sees Large Growth in Short Interest

Advantage Energy Ltd. (OTCMKTS:AAVVF) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 2,403,500 shares, a growth of 8.3% from the December 15th total of 2,219,700 shares. Based on an average daily volume of 84,300 shares, the days-to-cover ratio is presently 28.5 days.

Analyst Ratings Changes

Separately, National Bank Financial cut Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 8th.

Advantage Energy Stock Down 0.6 %

AAVVF opened at $6.87 on Tuesday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. The stock’s fifty day simple moving average is $6.53 and its 200 day simple moving average is $6.74. Advantage Energy has a 1-year low of $5.83 and a 1-year high of $8.58. The stock has a market cap of $1.15 billion, a PE ratio of 34.35 and a beta of 1.55.

Advantage Energy (OTCMKTS:AAVVF) last issued its quarterly earnings data on Thursday, October 24th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%. The firm had revenue of $106.19 million during the quarter, compared to analyst estimates of $119.27 million. As a group, research analysts expect that Advantage Energy will post 0.19 earnings per share for the current year.

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.