Capricorn Energy PLC (OTCMKTS:CRNCY) Short Interest Down 28.9% in October

Capricorn Energy PLC (OTCMKTS:CRNCY) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 2,700 shares, a drop of 28.9% from the September 30th total of 3,800 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is presently 1.0 days.

Capricorn Energy Price Performance

CRNCY remained flat at $5.53 on Monday. 100 shares of the company’s stock traded hands, compared to its average volume of 3,521. The firm’s fifty day simple moving average is $5.76 and its 200-day simple moving average is $5.45. Capricorn Energy has a 52 week low of $3.70 and a 52 week high of $7.05.

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.