American Resources Co. (NASDAQ:AREC) Short Interest Update

American Resources Co. (NASDAQ:AREC - Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 2,680,000 shares, a growth of 5.1% from the March 31st total of 2,550,000 shares. Based on an average trading volume of 212,300 shares, the short-interest ratio is presently 12.6 days. Currently, 5.1% of the company's shares are short sold.

American Resources Trading Up 2.1 %

AREC stock traded up $0.03 during mid-day trading on Wednesday, reaching $1.46. 315,993 shares of the stock traded hands, compared to its average volume of 221,417. The company has a debt-to-equity ratio of 230.66, a quick ratio of 1.93 and a current ratio of 1.93. American Resources has a one year low of $1.10 and a one year high of $2.16. The stock has a market capitalization of $115.60 million, a PE ratio of -10.43 and a beta of 0.39. The business has a 50-day moving average price of $1.46 and a two-hundred day moving average price of $1.48.

American Resources (NASDAQ:AREC - Get Free Report) last posted its quarterly earnings data on Thursday, March 28th. The company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.10). American Resources had a negative net margin of 66.89% and a negative return on equity of 135.75%. The firm had revenue of $0.07 million for the quarter, compared to the consensus estimate of $2.20 million. Equities research analysts expect that American Resources will post -0.09 EPS for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in American Resources stock. Jump Financial LLC purchased a new position in American Resources Co. (NASDAQ:AREC - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,800 shares of the company's stock, valued at approximately $35,000. 9.32% of the stock is owned by hedge funds and other institutional investors.

American Resources Company Profile

American Resources Corporation, together with its subsidiaries, extracts, processes, transports, and sells metallurgical coal to the steel and industrial industries. It supplies raw materials; and sells coal used in pulverized coal injections. The company was founded in 2006 and is headquartered in Fishers, Indiana.