Logan Energy Corp. (OTCMKTS:LOECF) Sees Significant Decline in Short Interest

Logan Energy Corp. (OTCMKTS:LOECF) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 773,700 shares, a decrease of 15.7% from the February 28th total of 917,900 shares. Based on an average trading volume of 46,600 shares, the days-to-cover ratio is presently 16.6 days.

Logan Energy Stock Performance

OTCMKTS LOECF opened at $0.46 on Tuesday. The stock’s 50 day simple moving average is $0.47 and its 200-day simple moving average is $0.52. Logan Energy has a 1-year low of $0.41 and a 1-year high of $0.75.

Logan Energy Company Profile

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.