Frontera Energy Co. (OTCMKTS:FECCF – Get Free Report) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 242,800 shares, a drop of 9.0% from the November 15th total of 266,800 shares. Based on an average daily volume of 42,500 shares, the days-to-cover ratio is currently 5.7 days.
Frontera Energy Stock Performance
FECCF stock opened at $5.50 on Tuesday. Frontera Energy has a one year low of $5.08 and a one year high of $7.30. The firm’s fifty day moving average is $5.72 and its 200 day moving average is $5.85.
Frontera Energy Cuts Dividend
The firm also recently announced a dividend, which was paid on Wednesday, October 16th. Stockholders of record on Thursday, October 3rd were given a dividend of $0.0455 per share. This represents a dividend yield of 3.15%. The ex-dividend date of this dividend was Wednesday, October 2nd.
About Frontera Energy
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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