Short Interest in Beach Energy Limited (OTCMKTS:BEPTF) Declines By 12.3%

Beach Energy Limited (OTCMKTS:BEPTF) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 463,900 shares, a decrease of 12.3% from the December 31st total of 528,800 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is presently 331.4 days.

Beach Energy Trading Up 1.9 %

OTCMKTS BEPTF traded up $0.02 during trading hours on Friday, hitting $0.96. 1,000 shares of the stock were exchanged, compared to its average volume of 1,414. Beach Energy has a 12-month low of $0.72 and a 12-month high of $1.24. The stock has a 50-day moving average of $0.87 and a 200 day moving average of $0.86.

Beach Energy Company Profile

Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.