Bellatrix Exploration Limited (NYSE:BXE) Shorted Shares Increased By 4.65%

September 17, 2017 - By Linda Rogers

 Bellatrix Exploration Limited (NYSE:BXE) Shorted Shares Increased By 4.65%

The stock of Bellatrix Exploration Limited (NYSE:BXE) registered an increase of 4.65% in short interest. BXE’s total short interest was 263,100 shares in September as published by FINRA. Its up 4.65% from 251,400 shares, reported previously. With 41,800 shares average volume, it will take short sellers 6 days to cover their BXE’s short positions.

The stock increased 1.79% or $0.05 on September 15, reaching $2.84. About 39,135 shares traded. Bellatrix Exploration Ltd (NYSE:BXE) has declined 27.42% since September 17, 2016 and is downtrending. It has underperformed by 44.12% the S&P500.

Bellatrix Exploration Ltd. is an oil and gas exploration firm engaged in the exploration for, and the acquisition, development and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan. The company has market cap of $139.74 million. The Company’s properties include Ferrier, Willesden Green, Greater Pembina, Strachan and Harmattan. It has a 5.34 P/E ratio. Ferrier is located over 30 kilometers northwest of Rocky Mountain House, Alberta.

Bellatrix Exploration Ltd (NYSE:BXE) Ratings Coverage

Among 3 analysts covering Bellatrix Exploration Ltd (NYSE:BXE), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Bellatrix Exploration Ltd had 8 analyst reports since July 21, 2015 according to SRatingsIntel. National Bank Canada maintained Bellatrix Exploration Ltd (NYSE:BXE) on Friday, November 6 with “Outperform” rating. The stock of Bellatrix Exploration Ltd (NYSE:BXE) earned “Hold” rating by Zacks on Monday, August 10.

More notable recent Bellatrix Exploration Ltd (NYSE:BXE) news were published by: which released: “Does The Market Believe The Cash Flow Forecast Of Bellatrix Exploration?” on February 14, 2017, also with their article: “Bellatrix Exploration: Hurt By Low AECO Natural Gas Prices” published on July 11, 2017, published: “Why Bellatrix Exploration Looks Set For A Break-Out” on December 21, 2016. More interesting news about Bellatrix Exploration Ltd (NYSE:BXE) were released by: and their article: “Will The Onslaught Ever End For Bellatrix Exploration Shareholders?” published on June 05, 2017 as well as‘s news article titled: “Why Bellatrix Exploration’s Drop Is A Buying Opportunity” with publication date: October 06, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.