Today’s Shorts Alert: Will Aegean Marine Petroleum Network (NYSE:ANW) Run Out of Steam Soon? Short Interest is Up

November 23, 2016 - By Ellis Scott   ·   0 Comments

Today's Shorts Alert: Will Aegean Marine Petroleum Network (NYSE:ANW) Run Out of Steam Soon? Short Interest is Up

The stock of Aegean Marine Petroleum Network (NYSE:ANW) registered an increase of 2.17% in short interest. ANW’s total short interest was 2.87M shares in November as published by FINRA. Its up 2.17% from 2.81 million shares, reported previously. With 224,900 shares average volume, it will take short sellers 13 days to cover their ANW’s short positions. The short interest to Aegean Marine Petroleum Network’s float is 8.72%. About 206,873 shares traded hands. Aegean Marine Petroleum Network Inc. (NYSE:ANW) has risen 32.10% since April 21, 2016 and is uptrending. It has outperformed by 26.77% the S&P500.

Aegean Marine Petroleum Network Inc

ANW Company Profile

Aegean Marine Petroleum Network Inc., incorporated on June 6, 2005, is an international marine fuel logistics company. The Firm markets and physically supplies refined marine fuel and lubricants to vessels in port, at sea and on rivers. As a physical supplier, the Company procures marine fuel from refineries, oil producers and other sources, and resells and delivers these fuels from its bunkering vessels to a range of end users. The Firm owns and operates a fleet of approximately 50 bunkering vessels. The Firm operates over 10 land storage facilities, with an aggregate storage capacity of approximately 1,160,000 cubic meters. The Firm operates a vessel as a floating storage facility with a cargo carrying capacity of approximately 19,900 deadweight tonnage (dwt). The Firm provides fueling services to various types of ocean-going and various types of coastal vessels, such as oil tankers, container ships, drybulk carriers, cruise ships, reefers, liquefied natural gas (LNG)/liquefied petroleum gas (LPG) carriers, car carriers and ferries.

More notable recent Aegean Marine Petroleum Network Inc. (NYSE:ANW) news were published by: Foxbusiness.com which released: “Why Shares of Aegean Marine Petroleum Network, Inc. Jumped Today” on November 17, 2016, also Quotes.Wsj.com with their article: “News Aegean Marine Petroleum Network Inc.ANW” published on February 12, 2011, Prnewswire.com published: “Aegean Marine Petroleum Network Inc. Announces Closing of Repurchase of …” on September 19, 2016. More interesting news about Aegean Marine Petroleum Network Inc. (NYSE:ANW) were released by: Marketwatch.com and their article: “Aegean Marine Petroleum Network Inc.” published on October 08, 2010 as well as Prnewswire.com‘s news article titled: “Aegean Marine Petroleum Network Inc. to Repurchase 11303031 Shares Owned by …” with publication date: August 17, 2016.

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By Ellis Scott


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