Traders are more bearish on Ecopetrol S.A. of late if you look at the motion in short interest. The firm saw a rise in short interest of 22.58% as of the latest report on October 31, 2017. Short shares increased from 12,404,535 to 15,205,235 over that period. With short interest at 15,205,235 and short average daily volume at 1,408,967, the short-interest ratio is 11.0 and the percentage of shorted shares was 0.00% on October 31.
Additionally, here are a few investment firms who have increased or decreased their stake in (EC). As of quarter end Wellington Management Group Llp had acquired 72,854 shares growing its position 963.3%. The value of the company’s investment in Ecopetrol S.A. increased from $69,000 to $763,000 a change of $694,000 quarter over quarter. As of the end of the quarter Barrow Hanley Mewhinney & Strauss LLC had sold a total of 9,800 shares trimming its holdings by 2.2%. The value of the total investment in Ecopetrol S.A. went from $4,064,000 to $4,150,000 increasing 2.1% for the reporting period.
Dimensional Fund Advisors Lp trimmed its stake by shedding 29,803 shares a decrease of 2.0% as of 09/30/2017. Dimensional Fund Advisors Lp claims 1,497,190 shares with a value of $14,209,000. The total value of its holdings increased 2.4%. As of the end of the quarter Ubs Asset Management Americas Inc had disposed of 4,700 shares trimming its stake by 21.7%. The value in dollars decreased from $196,699,000 to $160,751,000 a change of 18.3% quarter to quarter.
The company is trading down by 0.90% percent from yesterday’s close. The P/E ratio is currently 21.26 and the market value is 23.88B. In the last earnings report the EPS was $0.55 with 41.12B shares now outstanding.
Ecopetrol S.A., launched on July 18, 2003, is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Business’s segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels..