Short traders are feeling a little more bullish of late if you look at the change in short interest. The firm had a fall in short interest of -28.26% as of October 13, 2017 from the last reporting period. Short shares decreased 52,516 over that timeframe. The days to cover decreased to 1.0 and the short interest percentage is 0.00% as of October 13.
A few notable investment firms have updated their holdings. As of quarter end Malaga Cove Capital, LLC had acquired a total of 9,500 shares growing its stake by 12.8%. The value in dollars increased from $67,000 to $69,000 increasing 3.0% quarter over quarter. Dimensional Fund Advisors Lp cut its stake by selling 604,876 shares a decrease of 66.8% as of 09/30/2017. Dimensional Fund Advisors Lp currently owns 299,987 shares worth $246,000. The value of the position overall is down by 70.9%.
Wilen Investment Management Corp. divested its investment by shedding 223,732 shares a decrease of 14.3% from 06/30/2017 to 09/30/2017. Wilen Investment Management Corp. claims 1,335,878 shares with a value of $1,002,000. The total value of its holdings decreased 28.6%. As of the end of the quarter Lsv Asset Management had sold 89,400 shares trimming its holdings by 6.0%. The value of the company’s investment in Vaalco Energy Inc went from $1,382,000 to $1,138,000 a change of $244,000 since the last quarter.
In the market the company is trading down since yesterday’s close of 0.83. The company currently has a P/E ratio of 10.35 and the market cap is 48.76M. In the last earnings report the EPS was $0.08 with 58.82M shares presently outstanding.
VAALCO Energy, Inc. (VAALCO), launched on February 28, 1989, is an independent energy company. The Company is involved in the acquisition, exploration, development and production of crude oil and natural gas. The Business’s segments include Gabon, Angola, Equatorial Guinea, the United States, and Corporate and other, which includes corporate and operations support. The Company owns producing properties and conducts exploration activities as an operator in Gabon, West Africa; conducts exploration activities as an operator in Angola, West Africa, and participates in exploration and development activities as a non-operator in Equatorial Guinea, West Africa. In the United States, it operates unconventional resource properties in North Texas and hold undeveloped leasehold acreage in Montana. It also owns minor interests in conventional production activities as a non-operator in the United States. VAALCO’s subsidiaries include VAALCO Gabon (Etame), Inc., VAALCO Production (Gabon), Inc., VAALCO Angola (Kwanza), Inc., VAALCO UK (North Sea), Ltd., VAALCO International, Inc., VAALCO Energy (EG), Inc., VAALCO Energy Mauritius (EG) Limited and VAALCO Energy (USA), Inc..