Capricorn Energy PLC (OTCMKTS:CRNCY) Sees Large Growth in Short Interest

Capricorn Energy PLC (OTCMKTS:CRNCY) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 600 shares, an increase of 20.0% from the December 31st total of 500 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 0.4 days.

Capricorn Energy Stock Performance

Shares of OTCMKTS:CRNCY opened at $7.81 on Monday. The business’s 50 day simple moving average is $7.28 and its two-hundred day simple moving average is $6.16. The company has a current ratio of 2.56, a quick ratio of 2.49 and a debt-to-equity ratio of 0.29. Capricorn Energy has a 52-week low of $3.70 and a 52-week high of $8.93.

Capricorn Energy Company Profile

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.