Canacol Energy Ltd (OTCMKTS:CNNEF) Short Interest Update

Canacol Energy Ltd (OTCMKTS:CNNEF) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the December 31st total of 200 shares. Based on an average daily volume of 12,700 shares, the short-interest ratio is presently 0.0 days.

Canacol Energy Stock Performance

Shares of Canacol Energy stock traded down $0.10 during mid-day trading on Wednesday, hitting $2.50. 6,769 shares of the stock were exchanged, compared to its average volume of 1,454. The company has a market capitalization of $85.30 million, a P/E ratio of 3.73 and a beta of 0.93. Canacol Energy has a 12 month low of $1.99 and a 12 month high of $4.85. The company has a 50-day simple moving average of $2.65 and a 200 day simple moving average of $2.67.

Canacol Energy (OTCMKTS:CNNEF) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.30 earnings per share for the quarter. The company had revenue of $94.54 million for the quarter.

About Canacol Energy

Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.