Harbour Energy plc (OTCMKTS:HBRIY) Short Interest Down 17.6% in February

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

Harbour Energy Stock Down 6.9 %

Shares of HBRIY stock traded down $0.21 on Friday, reaching $2.78. The company’s stock had a trading volume of 500 shares, compared to its average volume of 3,337. Harbour Energy has a 12-month low of $2.78 and a 12-month high of $4.24. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.34. The stock’s 50 day simple moving average is $3.12 and its 200-day simple moving average is $3.36.

Wall Street Analyst Weigh In

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

Harbour Energy Company Profile

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.