GeoPark Ltd (NYSE:GPRK) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totalling 204,600 shares, a decline of 31.9% from the May 30th total of 300,300 shares. Based on an average daily trading volume, of 255,000 shares, the short-interest ratio is presently 0.8 days. Currently, 0.6% of the shares of the stock are short sold.

Separately, ValuEngine cut Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Renaissance Group LLC raised its position in GeoPark by 2.2% during the first quarter. Renaissance Group LLC now owns 39,731 shares of the oil and gas company’s stock valued at $687,000 after purchasing an additional 858 shares in the last quarter. Macquarie Group Ltd. raised its position in GeoPark by 59.8% during the fourth quarter. Macquarie Group Ltd. now owns 5,075 shares of the oil and gas company’s stock valued at $70,000 after purchasing an additional 1,900 shares in the last quarter. Victory Capital Management Inc. raised its position in GeoPark by 69.0% during the first quarter. Victory Capital Management Inc. now owns 8,621 shares of the oil and gas company’s stock valued at $149,000 after purchasing an additional 3,520 shares in the last quarter. Two Sigma Advisers LP raised its position in GeoPark by 3.4% during the fourth quarter. Two Sigma Advisers LP now owns 120,200 shares of the oil and gas company’s stock valued at $1,661,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Barclays PLC raised its position in GeoPark by 57.1% during the fourth quarter. Barclays PLC now owns 16,002 shares of the oil and gas company’s stock valued at $221,000 after purchasing an additional 5,816 shares in the last quarter. Institutional investors and hedge funds own 31.65% of the company’s stock.

GPRK traded up $0.02 during trading on Friday, hitting $18.43. 117,019 shares of the stock traded hands, compared to its average volume of 216,541. GeoPark has a twelve month low of $10.89 and a twelve month high of $21.74. The firm has a market cap of $1.13 billion, a P/E ratio of 14.05 and a beta of 0.61. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.08 and a current ratio of 1.12. The business’s 50 day moving average is $17.43.

GeoPark (NYSE:GPRK) last announced its quarterly earnings data on Wednesday, May 8th. The oil and gas company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.21 by $0.09. GeoPark had a net margin of 11.75% and a return on equity of 50.69%. The business had revenue of $150.14 million during the quarter.

GeoPark Company Profile

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, Argentina, and Ecuador. As of December 31, 2017, the company had working and/or economic interests in 24 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.

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