Antero Resources Corporation (NYSE:AR) stated gains of 431,564 shares or 3.5% in the short interest. The short interest registered from 12,340,450 on May 31,2016 to 12,772,014 on June 15,2016. In terms of floated shares, the shorted positions stood at 9.5%. The stock has been averaging 5,084,760 shares daily in trading and would need 3 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Antero Resources Corporation (NYSE:AR): The stock opened at $27.41 on Friday but the bulls could not build on the opening and the stock topped out at $28.13 for the day. The stock traded down to $27.11 during the day, due to lack of any buying support eventually closed down at $27.38 with a loss of -4.27% for the day. The stock had closed at $28.60 on the previous day. The total traded volume was 10,112,112 shares.
The company shares have dropped -19.99% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $34.93 and the one year low was seen on Dec 8, 2015. The 50-Day Moving Average price is $27.64 and the 200 Day Moving Average price is recorded at $25.08.
Antero Resources Corporation (NYSE:AR) has tumbled 1.62% during the past week and has dropped 2.28% in the last 4 week period. In the past week, the company has outperformed the S&P 500 by 0.02% and the outperformance has advanced to 0.67% for the last 4 weeks period.
Antero Resources Corporation is engaged in the exploitation, development, and acquisition of natural gas, natural gas liquids (NGLs) and oil properties in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to develop and produce natural gas, NGLs and oil from unconventional formations. The Company has fresh water distribution operations in the Appalachian Basin, as well as gathering and compression operations through its consolidated subsidiary, Antero Midstream Partners LP. The Company operates in four industry segments: the exploration, development and production of natural gas, NGLs and oil; gathering and compression; fresh water distribution and marketing of excess firm transportation capacity. All of its operations are conducted in the United States.