Antero Resources Corporation (NYSE:AR) Short Interest Decreased By 5.74%


The stock of Antero Resources Corporation (NYSE:AR) registered a decrease of 5.74% in short interest. AR’s total short interest was 10.50 million shares in September as published by FINRA. Its down 5.74% from 11.14M shares, reported previously. With 2.92M shares average volume, it will take short sellers 4 days to cover their AR’s short positions. The short interest to Antero Resources Corporation’s float is 6.69%. About 2.75M shares traded hands. Antero Resources Corp (NYSE:AR) has risen 0.22% since February 8, 2016 and is uptrending. It has underperformed by 16.27% the S&P500.

Antero Resources Corporation is an oil and natural gas company. The company has a market cap of $8.35 billion. The Firm is engaged in the exploration, development and acquisition of natural gas, natural gas liquids and oil properties located in the Appalachian Basin. It has a 72.81 P/E ratio. The Company’s divisions include the exploration, development and production of natural gas, NGLs, and oil; gathering and compression; water handling and treatment, and marketing of excess firm transportation capacity.

The institutional sentiment increased to 3.52 in Q2 2016. Its up 1.73, from 1.79 in 2016Q1. The ratio improved, as 22 funds sold all Antero Resources Corp shares owned while 40 reduced positions. 86 funds bought stakes while 132 increased positions. They now own 480.27 million shares or 119.82% more from 218.48 million shares in 2016Q1.

Yale University holds 59.85% of its portfolio in Antero Resources Corp for 8.87 million shares. Warburg Pincus Llc owns 78.25 million shares or 44.27% of their US portfolio. Moreover, Brave Warrior Advisors Llc has 13.49% invested in the company for 9.29 million shares. The New Jersey-based State Of New Jersey Common Pension Fund E has invested 11.99% in the stock. Alpinvest Partners B.V., a Netherlands-based fund reported 198,333 shares.

Out of 14 analysts covering Antero Resources (NYSE:AR), 6 rate it a “Buy”, 2 “Sell”, while 6 “Hold”. This means 43% are positive. Antero Resources has been the topic of 35 analyst reports since September 21, 2015 according to StockzIntelligence Inc. Robert W. Baird upgraded the stock on July 21 to “Outperform” rating.

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