GeoPark Limited (NYSE:GPRK) Short Interest Up 20.2% in January

GeoPark Limited (NYSE:GPRK) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 1,430,000 shares, an increase of 20.2% from the January 15th total of 1,190,000 shares. Based on an average daily volume of 713,900 shares, the short-interest ratio is presently 2.0 days. Currently, 3.8% of the shares of the stock are short sold.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. lowered their price objective on shares of GeoPark from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. StockNews.com downgraded shares of GeoPark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, January 28th.

GeoPark Stock Performance

NYSE:GPRK opened at $9.08 on Monday. The stock’s 50-day moving average is $9.82 and its 200-day moving average is $9.00. GeoPark has a 1-year low of $7.24 and a 1-year high of $11.72. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 2.53. The stock has a market cap of $464.74 million, a P/E ratio of 4.61 and a beta of 1.34.

Institutional Investors Weigh In On GeoPark

Institutional investors have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of GeoPark during the third quarter worth $2,834,000. Principal Financial Group Inc. raised its position in GeoPark by 77.4% during the 3rd quarter. Principal Financial Group Inc. now owns 366,380 shares of the oil and gas company’s stock worth $2,883,000 after purchasing an additional 159,861 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in GeoPark by 5.2% during the 4th quarter. Renaissance Technologies LLC now owns 3,176,376 shares of the oil and gas company’s stock worth $29,445,000 after buying an additional 156,067 shares during the period. JPMorgan Chase & Co. grew its position in shares of GeoPark by 55.1% in the 4th quarter. JPMorgan Chase & Co. now owns 339,337 shares of the oil and gas company’s stock valued at $3,146,000 after buying an additional 120,518 shares during the last quarter. Finally, Deltec Asset Management LLC increased its stake in shares of GeoPark by 997.3% in the third quarter. Deltec Asset Management LLC now owns 131,678 shares of the oil and gas company’s stock valued at $1,036,000 after buying an additional 119,678 shares during the period. 68.21% of the stock is owned by institutional investors.

GeoPark Company Profile

GeoPark Limited operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries. It engages in the exploration, development, and production of oil and gas reserves. The company was formerly known as GeoPark Holdings Limited and changed its name to GeoPark Limited in July 2013.