Capricorn Energy PLC (OTCMKTS:CRNCY) Short Interest Up 245.5% in March

Capricorn Energy PLC (OTCMKTS:CRNCY) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 3,800 shares, a growth of 245.5% from the February 28th total of 1,100 shares. Based on an average trading volume of 800 shares, the short-interest ratio is presently 4.8 days. Approximately 0.0% of the shares of the company are sold short.

Capricorn Energy Stock Performance

Shares of CRNCY traded up $0.89 during midday trading on Friday, hitting $7.00. 6,515 shares of the company traded hands, compared to its average volume of 949. Capricorn Energy has a 52 week low of $4.18 and a 52 week 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. The firm has a 50 day moving average of $7.40 and a 200-day moving average of $6.60.

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.