Aegean Marine Petroleum Network Inc (NYSE:ANW)’s Trend Up, Especially After Decreased Shorts

June 17, 2018 - By Adrian Mccoy

The stock of Aegean Marine Petroleum Network Inc (NYSE:ANW) registered a decrease of 15.15% in short interest. ANW’s total short interest was 2.18M shares in June as published by FINRA. Its down 15.15% from 2.57 million shares, reported previously. With 328,100 shares average volume, it will take short sellers 7 days to cover their ANW’s short positions. The short interest to Aegean Marine Petroleum Network Inc’s float is 7.88%.

The stock decreased 8.66% or $0.082 during the last trading session, reaching $0.861. About 2.21 million shares traded or 65.07% up from the average. Aegean Marine Petroleum Network Inc. (NYSE:ANW) has declined 46.55% since June 17, 2017 and is downtrending. It has underperformed by 59.12% the S&P500.

Aegean Marine Petroleum Network, Inc., together with its subsidiaries, operates as a marine fuel logistics firm that markets and supplies refined marine fuel and lubricants to vessels in port, at sea, and on rivers worldwide. The company has market cap of $34.99 million. The firm offers fueling services to ocean-going and a range of coastal vessels, including oil tankers, container ships, drybulk carriers, cruise ships, reefers, LNG/LPG carriers, car carriers, and ferries, as well as to marine fuel traders, brokers, and other end-users of marine fuel and lubricants. It currently has negative earnings. It also markets and distributes marine lubricants under the Alfa Marine Lubricants brand; and provides a range of shipping services, such as technical support and maintenance, insurance arrangement and handling, financial administration, and accounting services.

Aegean Marine Petroleum Network Inc. (NYSE:ANW) Ratings Coverage

Among 2 analysts covering Aegean Marine (NYSE:ANW), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Aegean Marine had 2 analyst reports since December 18, 2017 according to SRatingsIntel. The stock of Aegean Marine Petroleum Network Inc. (NYSE:ANW) earned “Buy” rating by Jefferies on Monday, December 18. The firm earned “Hold” rating on Friday, February 23 by Stifel Nicolaus.

More notable recent Aegean Marine Petroleum Network Inc. (NYSE:ANW) news were published by: which released: “ANW LOSS NOTICE: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Aegean Marine …” on June 08, 2018, also with their article: “Aegean Marine: Did ‘The Tiger’ Leave Any Flesh On Its Prey?” published on June 07, 2018, published: “SHAREHOLDER ALERT: Brower Piven Notifies Investors of Class Action Lawsuit And Encourages Those Who Have …” on June 07, 2018. More interesting news about Aegean Marine Petroleum Network Inc. (NYSE:ANW) were released by: and their article: “Aegean Marine: An Outright Disaster” published on June 07, 2018 as well as‘s news article titled: “Aegean Marine Petroleum Network Inc. Provides Business Updates” with publication date: May 22, 2018.

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