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Bellatrix Exploration (NYSE:BXE) saw a large drop in short interest during the month of May. As of May 30th, there was short interest totalling 140,008 shares, a drop of 30.8% from the May 15th total of 202,224 shares, ARN reports. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 426,777 shares, the days-to-cover ratio is currently 0.3 days.

Several analysts have recently commented on the stock. Analysts at CIBC reiterated a “sector perform” rating on shares of Bellatrix Exploration in a research note on Tuesday, April 15th. They now have a $11.50 price target on the stock. Analysts at TheStreet downgraded shares of Bellatrix Exploration from a “hold” rating to a “sell” rating in a research note on Monday, March 17th.

Bellatrix Exploration (NYSE:BXE) opened at 8.58 on Thursday. Bellatrix Exploration has a one year low of $4.86 and a one year high of $10.70. The stock has a 50-day moving average of $9.30 and a 200-day moving average of $8.06. The company has a market cap of $1.484 billion and a price-to-earnings ratio of 13.29.

Bellatrix Exploration (NYSE:BXE) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.15 by $0.01. On average, analysts predict that Bellatrix Exploration will post $0.67 earnings per share for the current fiscal year.

Bellatrix Exploration Ltd. (NYSE:BXE) is a Canada-based oil and gas company.

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