Short Interest in Energean plc (OTCMKTS:EERGF) Expands By 48.3%

Energean plc (OTCMKTS:EERGF) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 283,200 shares, a growth of 48.3% from the January 31st total of 191,000 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 944.0 days.

Energean Price Performance

EERGF stock remained flat at $13.22 on Monday. The company had a trading volume of 1 shares, compared to its average volume of 536. The company has a 50-day moving average price of $12.91 and a two-hundred day moving average price of $12.78. Energean has a 12 month low of $11.75 and a 12 month high of $15.35.

Energean Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.08%.

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.