What’s ARC RESOURCES LTD. ORDINARY SHARES CANA (OTCMKTS:AETUF) Upside After This Short Interest Increase?

April 17, 2018 - By Louis Casey

ARC Resources Ltd. (OTCMKTS:AETUF) Logo

The stock of ARC RESOURCES LTD. ORDINARY SHARES CANA (OTCMKTS:AETUF) registered an increase of 5.47% in short interest. AETUF’s total short interest was 5.90 million shares in April as published by FINRA. Its up 5.47% from 5.59 million shares, reported previously. With 67,900 shares average volume, it will take short sellers 87 days to cover their AETUF’s short positions. The short interest to ARC RESOURCES LTD. ORDINARY SHARES CANA’s float is 1.68%.

The stock decreased 1.21% or $0.1342 during the last trading session, reaching $10.9658. About 3,180 shares traded. ARC Resources Ltd. (OTCMKTS:AETUF) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

ARC Resources Ltd., together with its subsidiaries, acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids. The company has market cap of $3.73 billion. It primarily has interest in four core areas located in Alberta and British Columbia, Canada. It has a 12.77 P/E ratio.

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