Frontera Energy Co. (OTCMKTS:FECCF – Get Free Report) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 224,600 shares, a decrease of 5.2% from the January 15th total of 236,800 shares. Based on an average daily trading volume, of 64,100 shares, the days-to-cover ratio is presently 3.5 days.
Frontera Energy Price Performance
Shares of OTCMKTS:FECCF opened at $5.47 on Thursday. Frontera Energy has a 1 year low of $5.08 and a 1 year high of $7.30. The business’s 50 day simple moving average is $5.81 and its 200 day simple moving average is $5.84.
Frontera Energy Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, January 6th were issued a $0.0449 dividend. This represents a dividend yield of 3%. The ex-dividend date of this dividend was Friday, January 3rd.
Frontera Energy Company Profile
Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.
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