Short Interest in YPF Sociedad Anónima (NYSE:YPF) Drops By 36.1%

YPF Sociedad Anónima (NYSE:YPF) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 4,740,000 shares, a decline of 36.1% from the November 15th total of 7,420,000 shares. Currently, 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 2,230,000 shares, the short-interest ratio is presently 2.1 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their target price on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. UBS Group reaffirmed a “neutral” rating and issued a $38.00 price objective (up previously from $30.00) on shares of YPF Sociedad Anónima in a research report on Wednesday, December 4th. StockNews.com lowered YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a report on Saturday. Bank of America upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their price target for the company from $31.00 to $55.00 in a research note on Monday, December 9th. Finally, Citigroup cut YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and upped their price target for the company from $33.00 to $44.00 in a research report on Wednesday, November 27th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, YPF Sociedad Anónima currently has a consensus rating of “Hold” and an average target price of $34.23.

YPF Sociedad Anónima Stock Performance

YPF Sociedad Anónima stock traded up $0.60 during trading on Friday, reaching $44.56. The company had a trading volume of 2,174,396 shares, compared to its average volume of 3,267,637. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. The firm’s 50-day simple moving average is $31.62 and its 200 day simple moving average is $24.91. The firm has a market capitalization of $17.53 billion, a price-to-earnings ratio of 22.51, a price-to-earnings-growth ratio of 0.13 and a beta of 1.94. YPF Sociedad Anónima has a 52 week low of $14.53 and a 52 week high of $44.96.

Institutional Investors Weigh In On YPF Sociedad Anónima

Institutional investors and hedge funds have recently modified their holdings of the stock. ABS Direct Equity Fund LLC purchased a new stake in YPF Sociedad Anónima during the third quarter valued at approximately $318,000. Dorsey Wright & Associates lifted its position in shares of YPF Sociedad Anónima by 12.5% in the 3rd quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company’s stock worth $5,481,000 after purchasing an additional 28,617 shares during the period. Insigneo Advisory Services LLC boosted its position in YPF Sociedad Anónima by 6.7% during the 3rd quarter. Insigneo Advisory Services LLC now owns 47,348 shares of the oil and gas exploration company’s stock valued at $1,004,000 after acquiring an additional 2,992 shares in the last quarter. Itau Unibanco Holding S.A. purchased a new stake in shares of YPF Sociedad Anónima during the third quarter valued at about $4,539,000. Finally, Mirabella Financial Services LLP boosted its stake in YPF Sociedad Anónima by 59.7% in the third quarter. Mirabella Financial Services LLP now owns 128,483 shares of the oil and gas exploration company’s stock valued at $2,725,000 after acquiring an additional 48,025 shares in the last quarter. Institutional investors own 10.08% of the company’s stock.

About YPF Sociedad Anónima

YPF Sociedad Anónima, an energy company, engages in the oil and gas upstream and downstream activities in Argentina. Its upstream operations include the exploration, exploitation, and production of crude oil, and natural gas. The company’s downstream operations include petrochemical production and crude oil refining; transportation and distribution refined and petrochemical products; commercialization of crude oil, petrochemical products, and specialties.