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Bellatrix Exploration (NYSE:BXE) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 551,747 shares, an increase of 33.3% from the July 15th total of 413,854 shares, Analyst Ratings News reports. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 331,296 shares, the days-to-cover ratio is currently 1.7 days.

Several analysts have recently commented on the stock. Analysts at Scotiabank reiterated a “sector outperformer” rating on shares of Bellatrix Exploration in a research note on Friday. They now have a $11.00 price target on the stock, down previously from $12.50. Separately, analysts at CIBC reiterated a “sector outperform” rating on shares of Bellatrix Exploration in a research note on Thursday, July 17th. They now have a $11.50 price target on the stock, down previously from $12.00. Finally, analysts at Northland Securities reiterated an “outperform” rating on shares of Bellatrix Exploration in a research note on Monday, July 7th. They now have a $12.00 price target on the stock.

Shares of Bellatrix Exploration (NYSE:BXE) traded down 0.42% during mid-day trading on Monday, hitting $7.04. 405,463 shares of the company’s stock traded hands. Bellatrix Exploration has a 1-year low of $6.38 and a 1-year high of $10.70. The stock’s 50-day moving average is $8.07 and its 200-day moving average is $8.34. The company has a market cap of $1.347 billion and a price-to-earnings ratio of 9.94.

Bellatrix Exploration (NYSE:BXE) last announced its earnings results on Wednesday, August 6th. The company reported $0.19 earnings per share (EPS) for the quarter. Analysts expect that Bellatrix Exploration will post $0.72 EPS for the current fiscal year.

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

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