Advantage Energy Ltd. (OTCMKTS:AAVVF) Sees Large Increase in Short Interest

Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 2,683,000 shares, an increase of 24.0% from the January 31st total of 2,164,300 shares. Based on an average trading volume of 64,800 shares, the short-interest ratio is presently 41.4 days.

Advantage Energy Stock Up 3.3 %

Advantage Energy stock traded up $0.21 during mid-day trading on Friday, hitting $6.49. 152,259 shares of the company's stock were exchanged, compared to its average volume of 62,292. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. The stock has a market cap of $1.08 billion, a P/E ratio of 32.45 and a beta of 1.52. Advantage Energy has a 1-year low of $5.83 and a 1-year high of $8.58. The stock has a 50 day moving average of $6.77 and a two-hundred day moving average of $6.66.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AAVVF shares. Cormark upgraded Advantage Energy to a "moderate buy" rating in a report on Thursday. National Bank Financial upgraded Advantage Energy from a "hold" rating to a "strong-buy" rating in a report on Monday, January 20th.

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.