Oil States International, Inc. (NYSE:OIS) Short Interest Update

Oil States International, Inc. (NYSE:OIS - Get Free Report) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 975,900 shares, a drop of 15.1% from the March 15th total of 1,150,000 shares. Based on an average daily trading volume, of 725,300 shares, the short-interest ratio is presently 1.3 days. Approximately 1.7% of the company's shares are short sold.

Institutional Investors Weigh In On Oil States International

Several institutional investors have recently bought and sold shares of OIS. GAMMA Investing LLC grew its stake in Oil States International by 374.4% during the 1st quarter. GAMMA Investing LLC now owns 5,845 shares of the oil and gas company's stock worth $30,000 after buying an additional 4,613 shares during the last quarter. Ethic Inc. grew its stake in shares of Oil States International by 14.2% during the fourth quarter. Ethic Inc. now owns 47,288 shares of the oil and gas company's stock worth $239,000 after acquiring an additional 5,864 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Oil States International by 18.2% during the fourth quarter. BNP Paribas Financial Markets now owns 60,470 shares of the oil and gas company's stock worth $306,000 after acquiring an additional 9,303 shares during the last quarter. MetLife Investment Management LLC raised its position in shares of Oil States International by 82.4% in the 4th quarter. MetLife Investment Management LLC now owns 37,681 shares of the oil and gas company's stock valued at $191,000 after purchasing an additional 17,019 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in Oil States International in the 4th quarter worth approximately $97,000. 97.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Susquehanna dropped their target price on shares of Oil States International from $5.00 to $4.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. StockNews.com raised Oil States International from a "sell" rating to a "hold" rating in a research report on Saturday, February 15th.

Oil States International Stock Up 4.2 %

NYSE:OIS traded up $0.15 during trading hours on Friday, reaching $3.69. The company's stock had a trading volume of 772,436 shares, compared to its average volume of 802,108. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.83 and a current ratio of 3.40. The company has a market capitalization of $228.84 million, a P/E ratio of -11.18 and a beta of 2.10. The stock has a 50 day moving average price of $4.54 and a two-hundred day moving average price of $4.92. Oil States International has a 12 month low of $3.08 and a 12 month high of $5.86.

Oil States International (NYSE:OIS - Get Free Report) last issued its quarterly earnings data on Friday, February 21st. The oil and gas company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.03. The firm had revenue of $164.60 million during the quarter, compared to analysts' expectations of $173.33 million. Oil States International had a positive return on equity of 1.78% and a negative net margin of 2.78%. Equities analysts predict that Oil States International will post 0.16 EPS for the current fiscal year.

About Oil States International

Oil States International, Inc, through its subsidiaries, provides engineered capital equipment and products for the energy, industrial, and military sectors worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle.