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

Advantage Energy Ltd. (OTCMKTS:AAVVF) was the target of a large decrease in short interest during the month of 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 volume of 25,100 shares, the short-interest ratio is currently 97.7 days.

Advantage Energy Price Performance

AAVVF opened at $6.73 on Wednesday. The stock’s 50-day moving average price is $6.97 and its 200 day moving average price is $7.45. Advantage Energy has a 12-month low of $5.90 and a 12-month high of $8.58. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.38. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 16.03 and a beta of 1.63.

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

About Advantage Energy

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.