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

Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,121,700 shares, a growth of 31.3% from the March 31st total of 1,616,500 shares. Based on an average trading volume of 82,700 shares, the days-to-cover ratio is presently 25.7 days. Currently, 1.3% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. National Bank Financial raised Advantage Energy from a "hold" rating to a "strong-buy" rating in a report on Monday, January 20th. Cormark raised Advantage Energy to a "moderate buy" rating in a research note on Thursday, March 6th. Finally, Raymond James raised Advantage Energy to a "moderate buy" rating in a report on Monday, April 7th.

Advantage Energy Price Performance

OTCMKTS:AAVVF traded down $0.18 during mid-day trading on Tuesday, reaching $7.34. The stock had a trading volume of 28,275 shares, compared to its average volume of 54,718. The stock has a market capitalization of $1.23 billion, a P/E ratio of 36.68 and a beta of 0.89. Advantage Energy has a one year low of $5.54 and a one year high of $8.58. The firm has a 50 day moving average price of $6.93 and a two-hundred day moving average price of $6.69. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.75 and a current ratio of 0.75.

Advantage Energy (OTCMKTS:AAVVF - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.19 by ($0.31). The business had revenue of $154.11 million for the quarter, compared to the consensus estimate of $209.10 million. Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%. As a group, analysts expect that Advantage Energy will post 0.19 earnings per share for the current year.

About Advantage Energy

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.