W&T Offshore Inc (NYSE:WTI) Shorted Shares Increased 13.99% After Market Selling

June 15, 2018 - By Bradley Stiles

Investors sentiment decreased to 0.94 in Q1 2018. Its down 0.69, from 1.63 in 2017Q4. It fall, as 14 investors sold W&T Offshore, Inc. shares while 52 reduced holdings. 30 funds opened positions while 32 raised stakes. 68.50 million shares or 8.61% more from 63.07 million shares in 2017Q4 were reported.
Renaissance Tech Limited Liability Corporation invested in 1.69M shares or 0.01% of the stock. Vanguard Inc reported 5.18 million shares. Arete Wealth Advsrs Limited Co reported 132,650 shares. Two Sigma Securities Limited Liability owns 0% invested in W&T Offshore, Inc. (NYSE:WTI) for 26,502 shares. The Switzerland-based Credit Suisse Ag has invested 0% in W&T Offshore, Inc. (NYSE:WTI). Element Cap Mngmt Ltd Liability Company stated it has 0.01% in W&T Offshore, Inc. (NYSE:WTI). Secor Advisors L P owns 189,248 shares. 7.25M are held by Jpmorgan Chase And. 25,062 were accumulated by Employees Retirement Systems Of Ohio. Brandywine Inv invested in 39,566 shares. Bogle Investment Limited Partnership De has invested 0.04% in W&T Offshore, Inc. (NYSE:WTI). Alliancebernstein Ltd Partnership has 103,008 shares for 0% of their portfolio. Capital Impact Advsr Limited Liability Com holds 0.58% or 319,584 shares. Price T Rowe Assoc Md has 28,546 shares. Parametric Port Associate Limited Liability Co holds 0% of its portfolio in W&T Offshore, Inc. (NYSE:WTI) for 537,391 shares.

Since December 18, 2017, it had 1 buy, and 2 sales for $92,992 activity. $52,721 worth of W&T Offshore, Inc. (NYSE:WTI) shares were sold by Schroeder Stephen L. Shares for $80,910 were sold by GIBBONS JOHN D on Monday, December 18.

The stock of W&T Offshore Inc (NYSE:WTI) registered an increase of 13.99% in short interest. WTI’s total short interest was 5.66 million shares in June as published by FINRA. Its up 13.99% from 4.97 million shares, reported previously. With 2.93M shares average volume, it will take short sellers 2 days to cover their WTI’s short positions. The short interest to W&T Offshore Inc’s float is 6.29%.

The stock decreased 1.33% or $0.092 during the last trading session, reaching $6.818. About 2.21M shares traded. W&T Offshore, Inc. (NYSE:WTI) has risen 210.85% since June 15, 2017 and is uptrending. It has outperformed by 198.28% the S&P500.

W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company has market cap of $948.32 million. It sells crude oil, natural gas liquids, and natural gas. It has a 12.28 P/E ratio. The firm holds working interests in approximately 54 offshore fields in federal and state waters.

W&T Offshore, Inc. (NYSE:WTI) Ratings Coverage

Among 3 analysts covering W\u0026T Offshore (NYSE:WTI), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. W\u0026T Offshore had 4 analyst reports since January 10, 2018 according to SRatingsIntel. The stock of W&T Offshore, Inc. (NYSE:WTI) has “Sell” rating given on Tuesday, May 15 by KLR Group. On Wednesday, May 23 the stock rating was initiated by Roth Capital with “Hold”. The stock of W&T Offshore, Inc. (NYSE:WTI) earned “Equal-Weight” rating by Capital One on Monday, March 12. Capital One downgraded W&T Offshore, Inc. (NYSE:WTI) on Wednesday, January 10 to “Underweight” rating.

Another recent and important W&T Offshore, Inc. (NYSE:WTI) news was published by Seekingalpha.com which published an article titled: “Phillips 66 Is Cashing In On The Oil Spread” on May 21, 2018.

W&T Offshore, Inc. (NYSE:WTI) Institutional Positions Chart

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