Advantage Oil & Gas Ltd (NYSE:AAV).
Burgundy Asset Management Ltd. says it decreased its position in Advantage Oil & Gas Ltd by 969,348 shares in the quarter ending 09/30/2017. Its position stood at $126,370,000 a decrease of $16,475,000 as of the end of the quarter.
Burgundy Asset Management Ltd. isn’t the only one who has changed their investment in AAV. As of quarter end Scotia Capital Inc. had disposed of a total of 296 shares trimming its holdings by 0.1%. The value of the total investment in Advantage Oil & Gas Ltd went from $3,715,000 to $3,451,000 a change of 7.1% quarter over quarter. As of the end of the quarter Jpmorgan Chase & Co had sold 50,033 shares trimming its stake by 4.4%. The value of the investment in (AAV) decreased from $7,628,000 to $6,912,000 decreasing 9.4% quarter to quarter.
Sentry Investments Corp. divested its investment by selling 132,800 shares a decrease of 11.5% as of 09/30/2017. Sentry Investments Corp. owns 1,020,100 shares with a value of $7,977,000. The value of the position overall is down by 21.1%.
On October 10 Scotiabank kept the stock rating at “Buy” projecting a price of $11.50.
September 25 investment analysts at Royal Bank Of Canada maintained a stock rating of “Hold” targeting a price of $11.00.
The company is now down since yesterday’s close of 5.25. The most current P/E ratio is 19.39 and market capitalization is 972.00M. As of the last earnings report the EPS was $0.27 with 185.96M shares now outstanding.
Traders are a little more bearish on the company recently as evidenced by the change in short interest. The stock realized a rise in short interest from October 13, 2017 to October 31, 2017 of 22.60%. Short interest increased 415,108 over that period. Days to cover increased from 21.0 to 25.0 and the short interest percentage is 0.01% as of October 31.