Capricorn Energy PLC (OTCMKTS:CRNCY) Short Interest Update

Capricorn Energy PLC (OTCMKTS:CRNCY) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 3,800 shares, a growth of 245.5% from the February 28th total of 1,100 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 4.8 days. Approximately 0.0% of the company’s shares are sold short.

Capricorn Energy Price Performance

OTCMKTS:CRNCY traded up $0.89 during trading hours on Friday, hitting $7.00. The company’s stock had a trading volume of 6,515 shares, compared to its average volume of 949. The stock has a fifty day moving average of $7.40 and a 200-day moving average of $6.60. Capricorn Energy has a 52-week low of $4.18 and a 52-week high of $8.93. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.49 and a current ratio of 2.56.

About Capricorn Energy

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas worldwide. It holds a portfolio of exploration, development, and production assets in Mexico and Egypt. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.