Short Interest in Capricorn Energy PLC (OTCMKTS:CRNCY) Decreases By 55.6%

Capricorn Energy PLC (OTCMKTS:CRNCY) was the target of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 400 shares, a decrease of 55.6% from the January 31st total of 900 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is currently 0.3 days.

Capricorn Energy Price Performance

OTCMKTS CRNCY traded down $0.50 on Friday, reaching $6.89. The company had a trading volume of 169 shares, compared to its average volume of 727. Capricorn Energy has a fifty-two week low of $3.76 and a fifty-two week high of $8.93. The business has a 50 day moving average of $7.75 and a two-hundred day moving average of $6.49. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.49 and a current ratio of 2.56.

About Capricorn Energy

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas worldwide. It holds a portfolio of exploration, development, and production assets in Mexico and Egypt. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.