Archrock Inc (NYSE:AROC) Shorts Reduced By 3.37%

May 16, 2018 - By Michael Lund

Archrock, Inc. (NYSE:AROC) Corporate Logo

Change of 3.37% for Archrock Inc (NYSE:AROC)’s shorted shares was reported. In May was published AROC’s total 5.43M shorted shares by FINRA. That’s 3.37% down from 5.62 million shares. Archrock Inc (NYSE:AROC) has 4.16M shares average volume. It’ll cost 1 days for AROC to recover its previous position. Archrock Inc’s shorted shares float is 7.82%.

The stock increased 0.42% or $0.05 during the last trading session, hitting $11.9.Currently Archrock, Inc. is downtrending after 26.05% change in last May 16, 2017. AROC has 1.07M shares volume. The stock underperformed the S&P 500 by 37.60%.

Archrock, Inc. engages in the natural gas contract activities services business in the United States.The firm is valued at $1.54 billion. The firm provides natural gas compression services to clients in the oil and natural gas industry.The P/E ratio is 45.95. It also offers aftermarket services, such as parts and components; and operation, maintenance, overhaul, and reconfiguration services to clients who own compression equipment.

More recent Archrock, Inc. (NYSE:AROC) news were announced by Globenewswire.com, Globenewswire.com and Globenewswire.com. The first one has “Archrock Announces Quarterly Cash Dividend” as a title and was announced on April 27, 2018. The next is “Archrock, Inc. Reports First Quarter 2018 Results” on May 03, 2018. And last was announced on April 26, 2018, called “Archrock, Inc. Announces Completion of Merger Transaction”.

Archrock, Inc. (NYSE:AROC) Analyst Ratings Chart

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