Short Interest in Genel Energy plc (OTCMKTS:GEGYY) Rises By 500.0%

Genel Energy plc (OTCMKTS:GEGYY) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 1,200 shares, an increase of 500.0% from the August 31st total of 200 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 6.0 days.

Genel Energy Stock Performance

Shares of OTCMKTS:GEGYY remained flat at $0.95 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 6.25 and a current ratio of 6.25. Genel Energy has a 1 year low of $0.95 and a 1 year high of $1.07. The stock has a fifty day moving average price of $1.03 and a two-hundred day moving average price of $1.13.

About Genel Energy

Genel Energy plc, through its subsidiaries, operates as an independent oil and gas exploration and production company. It operates through two segments, Production and Pre-production. The Production segment holds a 25% working interest in the Tawke PSC; and 44% working interest in the Taq Taq PSC. The Pre-Production segment holds a 50% working interest in Odewayne and 51% working interest in SL10B13 block located in Somaliland; and 75% working interest in Lagzira block in Morocco.