Short Interest in Energean plc (OTCMKTS:EERGF) Increases By 10.2%

Energean plc (OTCMKTS:EERGF) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 746,100 shares, a growth of 10.2% from the September 30th total of 676,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 7,461.0 days.

Energean Stock Performance

OTCMKTS EERGF remained flat at $12.50 during mid-day trading on Thursday. Energean has a 52 week low of $9.55 and a 52 week high of $15.35. The company’s fifty day simple moving average is $12.55 and its two-hundred day simple moving average is $13.09.

About Energean

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.