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

Advantage Energy Ltd. (OTCMKTS:AAVVF) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 2,403,500 shares, an increase of 8.3% from the December 31st total of 2,219,700 shares. Based on an average trading volume of 84,300 shares, the short-interest ratio is presently 28.5 days.

Advantage Energy Stock Performance

Shares of AAVVF stock opened at $6.36 on Monday. The business has a 50 day simple moving average of $6.56 and a 200 day simple moving average of $6.69. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of 31.80 and a beta of 1.55. Advantage Energy has a 12-month low of $5.83 and a 12-month high of $8.58.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial raised shares of Advantage Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 20th.

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.