Capricorn Energy PLC (OTCMKTS:CRNCY) Sees Large Growth in Short Interest

Capricorn Energy PLC (OTCMKTS:CRNCY) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 1,100 shares, a growth of 175.0% from the February 13th total of 400 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 800 shares, the short-interest ratio is currently 1.4 days.

Capricorn Energy Stock Performance

Shares of OTCMKTS:CRNCY remained flat at $6.86 during mid-day trading on Friday. 14 shares of the stock traded hands, compared to its average volume of 762. The company has a 50 day moving average of $7.66 and a two-hundred day moving average of $6.55. Capricorn Energy has a 12 month low of $3.95 and a 12 month high of $8.93. The company has a quick ratio of 2.49, a current ratio of 2.56 and a debt-to-equity ratio of 0.29.

Capricorn Energy Company Profile

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.