Antero Midstream Corporation (NYSE:AM) experienced a significant increase in short interest in January, with total short interest reaching 11,990,722 shares, up 19.7% from mid-January. This represents approximately 2.5% of the company’s shares sold short, with a days-to-cover ratio of 4.7 days. The company missed recent quarterly EPS expectations but revenue slightly topped estimates, and it announced a quarterly dividend of $0.225, though its high payout ratio raises questions about sustainability.
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Antero Midstream Corporation (NYSE:AM) Short Interest Update
Antero Midstream Corporation (NYSE:AM) experienced a significant increase in short interest in January, with total short interest reaching 11,990,722 shares, up 19.7% from mid-January. This represents approximately 2.5% of the company’s shares sold short, with a days-to-cover ratio of 4.7 days. The company missed recent quarterly EPS expectations but revenue slightly topped estimates, and it announced a quarterly dividend of $0.225, though its high payout ratio raises questions about sustainability.