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

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

Logan Energy Stock Up 0.3 %

Shares of OTCMKTS:LOECF opened at $0.46 on Wednesday. The business has a fifty day simple moving average of $0.47 and a 200-day simple moving average of $0.52. Logan Energy has a 52 week low of $0.41 and a 52 week 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.