Capricorn Energy PLC (OTCMKTS:CRNCY) Short Interest Update

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

Capricorn Energy Stock Performance

Capricorn Energy stock remained flat at $5.53 during trading on Tuesday. 14 shares of the company were exchanged, compared to its average volume of 3,521. Capricorn Energy has a 52-week low of $3.70 and a 52-week high of $7.05. The business’s 50-day moving average price is $5.75 and its 200 day moving average price is $5.45.

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.