Advantage Energy Ltd. (OTCMKTS:AAVVF) Sees Significant Decrease in Short Interest

Advantage Energy Ltd. (OTCMKTS:AAVVF) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 2,451,200 shares, a decrease of 7.8% from the August 15th total of 2,658,900 shares. Based on an average daily trading volume, of 25,100 shares, the days-to-cover ratio is currently 97.7 days.

Advantage Energy Stock Up 0.5 %

Shares of OTCMKTS:AAVVF opened at $6.73 on Wednesday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.38. The business has a fifty day moving average of $6.97 and a two-hundred day moving average of $7.45. The stock has a market cap of $1.12 billion, a P/E ratio of 16.03 and a beta of 1.63. Advantage Energy has a 52-week low of $5.90 and a 52-week high of $8.58.

Advantage Energy (OTCMKTS:AAVVF) last issued its earnings results on Thursday, July 25th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $73.57 million during the quarter. Advantage Energy had a net margin of 15.40% and a return on equity of 5.13%.

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.