November 23, 2016 - By Nellie Frank · 0 Comments
The stock of Advantage Oil & Gas Limited (NYSE:AAV) registered an increase of 35.6% in short interest. AAV’s total short interest was 3.39M shares in November as published by FINRA. Its up 35.6% from 2.50 million shares, reported previously. With 108,500 shares average volume, it will take short sellers 31 days to cover their AAV’s short positions. The short interest to Advantage Oil & Gas Limited’s float is 1.86%. The stock closed at $7 during the last session. It is down 28.44% since April 21, 2016 and is uptrending. It has outperformed by 23.11% the S&P500.
Advantage Oil & Gas Ltd. is an intermediate natural gas and liquids development and production company. The company has a market cap of $1.32 billion. The Firm is engaged in the business of natural gas exploitation, development, acquisition and production in the Province of Alberta. It has a 245.53 P/E ratio. It operates in the Montney resource play located in Western Canada.
Out of 4 analysts covering Advantage Oil & Gas Ltd. (NYSE:AAV), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $11 is the highest target while $1 is the lowest. The $8.50 average target is 21.43% above today’s ($7) stock price. Advantage Oil & Gas Ltd. has been the topic of 8 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by TD Securities given on Friday, August 7. Credit Suisse upgraded the stock to “Outperform” rating in Friday, October 14 report. The firm earned “Outperform” rating on Monday, August 8 by RBC Capital Markets. The firm earned “Buy” rating on Thursday, July 21 by TD Securities. BMO Capital Markets initiated Advantage Oil & Gas Ltd (USA) (NYSE:AAV) on Thursday, July 21 with “Outperform” rating.
More recent Advantage Oil & Gas Ltd (USA) (NYSE:AAV) news were published by: Fool.ca which released: “How Has Advantage Oil & Gas Ltd. Avoided the Oil Rout?” on February 04, 2016. Also Fool.ca published the news titled: “Looking at Natural Gas? Buy Advantage Oil & Gas Ltd. and Tourmaline Oil Corp.” on October 05, 2015. Seekingalpha.com‘s news article titled: “Taking Advantage Of Advantage Oil And Gas In The Prolific Montney Formation” with publication date: August 06, 2013 was also an interesting one.
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By Nellie Frank