Gastar Exploration (NYSEMKT:GST) stated gains of 1,641,318 shares or 20.7% in the short interest. The short interest registered from 7,915,084 on May 31,2016 to 9,556,402 on June 15,2016. In terms of floated shares, the shorted positions stood at 8%. The stock has been averaging 1,323,672 shares daily in trading and would need 7 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Gastar Exploration (NYSEMKT:GST): The stock opened at $1.02 on Friday but the bulls could not build on the opening and the stock topped out at $1.15 for the day. The stock traded down to $1.01 during the day, due to lack of any buying support eventually closed down at $1.05 with a loss of -7.89% for the day. The stock had closed at $1.14 on the previous day. The total traded volume was 12,705,348 shares.
The company shares have dropped -65.12% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $3.13 and the one year low was seen on Feb 25, 2016. The 50-Day Moving Average price is $0.96 and the 200 Day Moving Average price is recorded at $1.14.
Gastar Exploration (NYSEMKT:GST) has climbed 14.13% in the past week and advanced 19.32% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 16.02% and the outperformance has advanced to 22.93% for the last 4 weeks period.