Approach Resources Inc (NASDAQ:AREX) Shorts Rose By 0.88%

May 16, 2018 - By Mark Mitchell

During Q4 2017 the big money sentiment increased to 1.54. That’s change of 0.37, from 2017Q3’s 1.17. 8 investors sold all, 18 reduced holdings as Approach Resources, Inc. ratio improved. 26 increased positions while 14 funds bought positions. Funds hold 19.88 million shares thus 4.78% less from 2017Q3’s 20.88 million shares.
Columbia Pacific Ltd Limited Liability Company invested in 0.54% or 123,193 shs. Pnc Finance Services Gp stated it has 0% of its capital in Approach Resources, Inc. (NASDAQ:AREX). Gsa Cap Ltd Liability Partnership reported 0% of its capital in Approach Resources, Inc. (NASDAQ:AREX). The New York-based First Manhattan Com has invested 0.01% in Approach Resources, Inc. (NASDAQ:AREX). Two Sigma Secs Ltd Liability reported 20,486 shs stake. Rhumbline Advisers has invested 0% in Approach Resources, Inc. (NASDAQ:AREX). Highbridge Cap Lc has invested 0% in Approach Resources, Inc. (NASDAQ:AREX). 488,080 are held by Northern. Citadel Advsrs Limited Liability Company reported 77,012 shs stake. Bancshares Of America Corp De has invested 0% in Approach Resources, Inc. (NASDAQ:AREX). 187,294 were reported by Goldman Sachs Grp Inc Inc. Lpl Lc has 33,555 shs for 0% of their capital. Panagora Asset Mngmt invested 0% in Approach Resources, Inc. (NASDAQ:AREX). Ameritas Ptnrs Incorporated owns 3,777 shs. Bnp Paribas Arbitrage holds 12,253 shs.

Approach Resources, Inc. had 0 sales and 5 insider purchases since December 4, 2017. This’s net activity of $6.53 million.

Change of 0.88% for Approach Resources Inc (NASDAQ:AREX)’s short interest was recorded. It was issued in May by FINRA the 7.99 million short interest on AREX. The up change of 0.88% from 7.92 million shares was reported. 8 days will cost AREX with 997,700 average volume to recover its former position. Float short on Approach Resources Inc is 15.08%.

Ticker’s shares touched $2.705 during the last trading session after 0.19% change.Approach Resources, Inc. has volume of 128,761 shares. Since May 16, 2017 AREX has risen 10.57% and is uptrending. AREX underperformed the S&P 500 by 0.98%.

Approach Resources, Inc., an independent energy company, focuses on the acquisition, exploration, development, and production of unconventional gas and oil reserves in the United States.The firm is worth $247.03 million. The companyÂ’s properties are primarily located in the Permian Basin in west Texas.Last it reported negative earnings. It also owns interests in east Texas Basin.

Another two news for Approach Resources, Inc. (NASDAQ:AREX) were recently brought out by: Seekingalpha.com on April 20, 2018 with title “Approach Resources: Debt Action”. The other Seekingalpha.com‘s article was titled “Approach Resources’ (AREX) CEO Ross Craft on Q1 2018 Results – Earnings Call Transcript” and brought out on May 06, 2018.

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