Today’s Short Interest Alert: Is Bill Barrett Corporation (NYSE:BBG) a Buy? The Stock Reported more Sellers

November 25, 2016 - By Ruchi Gupta   ·   0 Comments

Today's Short Interest Alert: Is Bill Barrett Corporation (NYSE:BBG) a Buy? The Stock Reported more Sellers

The stock of Bill Barrett Corporation (NYSE:BBG) registered an increase of 111.91% in short interest. BBG’s total short interest was 11.77 million shares in November as published by FINRA. Its up 111.91% from 5.56M shares, reported previously. With 1.88 million shares average volume, it will take short sellers 6 days to cover their BBG’s short positions. The short interest to Bill Barrett Corporation’s float is 22.68%. About 184,996 shares traded hands. Bill Barrett Corporation (NYSE:BBG) has declined 11.93% since April 22, 2016 and is downtrending. It has underperformed by 17.34% the S&P500.

Bill Barrett Corporation is an independent energy firm that develops, acquires and explores for oil and natural gas resources. The company has a market cap of $446.12 million. The Company’s assets and activities are located in the Rocky Mountain region of the United States. It currently has negative earnings. The Firm develops oil and natural gas in the Rocky Mountain region of the United States.

Insitutional Activity: The institutional sentiment increased to 1.98 in 2016 Q2. Its up 0.83, from 1.15 in 2016Q1. The ratio is positive, as 15 funds sold all Bill Barrett Corporation shares owned while 45 reduced positions. 32 funds bought stakes while 37 increased positions. They now own 59.89 million shares or 9.59% more from 54.65 million shares in 2016Q1.
The Maryland-based Price T Rowe Md has invested 0% in Bill Barrett Corporation (NYSE:BBG). Credit Suisse Ag has invested 0% of its portfolio in Bill Barrett Corporation (NYSE:BBG). Parametric Lc has 588,453 shares for 0.01% of their US portfolio. Huntington Commercial Bank last reported 89 shares in the company. Cubist Systematic Strategies Limited Co owns 18,331 shares or 0.01% of their US portfolio. Balyasny Asset Management Limited reported 10,742 shares or 0% of all its holdings. The New York-based Spark Investment Mgmt Ltd Llc has invested 0.57% in Bill Barrett Corporation (NYSE:BBG). The New York-based Highbridge Capital Management Ltd Co has invested 0.01% in Bill Barrett Corporation (NYSE:BBG). Ubs Asset Management Americas accumulated 0% or 29,000 shares. Federated Pa last reported 0% of its portfolio in the stock. Sector Pension Inv Board accumulated 0% or 35,180 shares. Blackrock Institutional Tru Company Na has 1.55M shares for 0% of their US portfolio. Jvl Advsrs has 3.75% invested in the company for 2.55M shares. Invesco Ltd accumulated 0% or 1.48 million shares. Wall Street Associate last reported 191,400 shares in the company.

Bill Barrett Corporation (NYSE:BBG) Ratings Coverage

Out of 14 analysts covering Bill Barrett Corporation (NYSE:BBG), 3 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 21% are positive. Bill Barrett Corporation has been the topic of 40 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Deutsche Bank on Tuesday, June 14 with “Hold”. The stock has “Hold” rating given by Cantor Fitzgerald on Tuesday, April 26. The stock of Bill Barrett Corporation (NYSE:BBG) earned “Buy” rating by Deutsche Bank on Wednesday, December 9. Howard Weil maintained it with “Sector Outperform” rating and $14 target price in Friday, October 14 report. BMO Capital Markets maintained Bill Barrett Corporation (NYSE:BBG) rating on Friday, September 4. BMO Capital Markets has “Market Perform” rating and $4.0 price target. Cowen & Co downgraded the shares of BBG in a report on Tuesday, September 8 to “Underperform” rating. The stock has “Hold” rating given by Canaccord Genuity on Wednesday, March 30. JP Morgan initiated Bill Barrett Corporation (NYSE:BBG) on Tuesday, October 13 with “Neutral” rating. The firm has “Neutral” rating by Northcoast given on Friday, March 11. The stock has “Buy” rating given by Wunderlich on Friday, June 3.

BBG Company Profile

Bill Barrett Corporation, incorporated on April 29, 2002, is an independent energy firm that develops, acquires and explores for oil and natural gas resources. The Company’s assets and activities are located in the Rocky Mountain region of the United States. The Firm develops oil and natural gas in the Rocky Mountain region of the United States. The Firm has over two areas of production, including The Denver-Julesburg Basin (DJ Basin) and the Uinta Oil Program in the Uinta Basin.

More notable recent Bill Barrett Corporation (NYSE:BBG) news were published by: Fool.com which released: “Here’s Why Bill Barrett Corporation’s Stock Is Popping Today” on November 04, 2016, also Prnewswire.com with their article: “Bill Barrett Corporation Provides Third Quarter 2016 Commodity Price and …” published on October 18, 2016, Denverpost.com published: “Bill Barrett Corp. to begin drilling in…” on August 15, 2016. More interesting news about Bill Barrett Corporation (NYSE:BBG) were released by: Seekingalpha.com and their article: “Bill Barrett Corp.: Small-Cap E&P With Tremendous Upside” published on November 07, 2016 as well as Prnewswire.com‘s news article titled: “Bill Barrett Corporation Announces Upcoming Investor Event” with publication date: March 18, 2016.

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By Ruchi Gupta


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