Archrock Inc (NYSE:AROC)’s Stock Is Sell After More Market Selling

September 16, 2018 - By Eula Gilbert

Archrock, Inc. (NYSE:AROC) Logo

The stock of Archrock Inc (NYSE:AROC) registered an increase of 16.74% in short interest. AROC’s total short interest was 1.33 million shares in September as published by FINRA. Its up 16.74% from 1.14 million shares, reported previously. With 665,900 shares average volume, it will take short sellers 2 days to cover their AROC’s short positions.

The stock decreased 0.83% or $0.1 during the last trading session, reaching $12. About 531,676 shares traded. Archrock, Inc. (NYSE:AROC) has risen 9.78% since September 16, 2017 and is uptrending. It has underperformed by 5.84% the S&P500.

Archrock, Inc. engages in the natural gas contract activities services business in the United States. The company has market cap of $1.55 billion. The firm provides natural gas compression services to clients in the oil and natural gas industry. It has a 27.65 P/E ratio. It also offers aftermarket services, such as parts and components; and operation, maintenance, overhaul, and reconfiguration services to clients who own compression equipment.

Another recent and important Archrock, Inc. (NYSE:AROC) news was published by Seekingalpha.com which published an article titled: “Archrock: A Growth Play In The Midstream Sector” on September 14, 2018.

Archrock, Inc. (NYSE:AROC) Ratings Chart

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