Harbour Energy plc (OTCMKTS:HBRIY) Short Interest Update

Harbour Energy plc (OTCMKTS:HBRIY) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 5,600 shares, a drop of 17.6% from the January 31st total of 6,800 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is presently 1.1 days.

Harbour Energy Stock Up 4.7 %

Shares of HBRIY stock traded up $0.14 during trading hours on Thursday, hitting $2.99. 1,100 shares of the company were exchanged, compared to its average volume of 3,446. Harbour Energy has a 52 week low of $2.83 and a 52 week high of $4.24. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.34. The business has a 50 day moving average of $3.13 and a two-hundred day moving average of $3.36.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered Harbour Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th.

About Harbour Energy

Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves. The company holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. It is also involved in the decommissioning, financing, gas trading, and risk mitigation activities.