Advantage Energy Ltd. (OTCMKTS:AAVVF) Short Interest Update

Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 1,616,500 shares, a decline of 28.0% from the March 15th total of 2,246,200 shares. Currently, 1.0% of the company's shares are sold short. Based on an average daily trading volume, of 46,500 shares, the days-to-cover ratio is currently 34.8 days.

Wall Street Analysts Forecast Growth

AAVVF has been the subject of several recent research reports. National Bank Financial upgraded Advantage Energy from a "hold" rating to a "strong-buy" rating in a report on Monday, January 20th. Raymond James upgraded shares of Advantage Energy to a "moderate buy" rating in a research note on Monday, April 7th. Finally, Cormark upgraded shares of Advantage Energy to a "moderate buy" rating in a research note on Thursday, March 6th.

Advantage Energy Stock Performance

Advantage Energy stock traded up $0.39 during midday trading on Wednesday, reaching $7.47. 60,933 shares of the stock traded hands, compared to its average volume of 55,947. The firm has a fifty day moving average price of $6.83 and a two-hundred day moving average price of $6.65. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 37.35 and a beta of 1.26. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. Advantage Energy has a fifty-two week low of $5.54 and a fifty-two week high of $8.58.

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.