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

Advantage Energy Ltd. (OTCMKTS:AAVVF) was the target of a significant growth in short interest during the month of 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 trading volume of 86,700 shares, the days-to-cover ratio is presently 37.8 days.

Analyst Upgrades and Downgrades

AAVVF has been the subject of a number of research reports. Scotiabank reissued a “buy” rating and set a $17.00 price objective on shares of Advantage Energy in a research report on Thursday, March 7th. CIBC raised their price target on Advantage Energy from $9.75 to $10.50 and gave the stock a “neutral” rating in a research note on Tuesday, March 5th.

Advantage Energy Stock Performance

AAVVF stock opened at $7.58 on Friday. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 18.05 and a beta of 1.64. The firm has a 50 day moving average of $7.94 and a two-hundred day moving average of $7.29. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.15. Advantage Energy has a 12 month low of $5.90 and a 12 month high of $8.58.

Advantage Energy (OTCMKTS:AAVVF) last issued its quarterly earnings data on Thursday, April 25th. The company reported $0.10 earnings per share (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 during 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.