Short Interest in Alvopetro Energy Ltd. (OTCMKTS:ALVOF) Rises By 117.1%
5,400.0% from the March 31st total of 280 shares. This is the first time in Alvopetro Energy Ltd.'s history that it has experienced such a large increase in short interest. Alvopetro Energy Ltd. had a large increase in short interest in April. 15,200 shares were shorted, an increase of 5,400%.
( ) was the subject of a significant increase in short interest during April. On April 15, there were 15,200 shorted shares. This is an increase of 117.1 % from the total of 7,000 on March 31st. The short-interest ratio currently stands at 0.2 days based on an average trading volume 97,200 share.
Alvopetro Energy Stock Up 2.3 %
On Thursday, the price of a share rose $0.14 to $6.10. 8400 shares were traded compared to the average of 20,980. The company's 50-day and 200-day moving average prices are $5.21, respectively. The company's quick ratio is 1.99, its current ratio is 1.99 and it has a debt to equity ratio of 0.12. Alvopetro Energy's 12-month low is $4.05, and its 12-month high is $6.53. The company released its last quarterly earnings report on March 21st. The company reported $0.14 in earnings per share for the third quarter. Alvopetro Energy's net margin was 49.97%, and its return on equity was 45.52%. Revenues of $17.08 millions were generated by the business during the third quarter.
Alvopetro Energy Company profile
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Alvopetro Energy Ltd. is engaged in the exploration, acquisition and development of hydrocarbons, as well as production, in Brazil. Cabure and Gomol are two of its natural gas projects. The company was established on September 25, 2013, and has its headquarters in Calgary, Canada.
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