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

Capricorn Energy PLC (OTCMKTS:CRNCY) saw a large growth in short interest in the month of 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. Based on an average daily volume of 800 shares, the short-interest ratio is presently 1.4 days. Approximately 0.0% of the shares of the company are sold short.

Capricorn Energy Price Performance

CRNCY remained flat at $6.86 during trading on Friday. Capricorn Energy has a 1 year low of $3.95 and a 1 year high of $8.93. The company’s 50 day moving average is $7.67 and its 200 day moving average is $6.54. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.49 and a current ratio of 2.56.

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.