EnQuest PLC (OTCMKTS:ENQUF) Sees Significant Increase in Short Interest

EnQuest PLC (OTCMKTS:ENQUF) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 31,500 shares, a growth of 15,650.0% from the February 28th total of 200 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 10,300 shares, the short-interest ratio is currently 3.1 days.

EnQuest Price Performance

Shares of ENQUF stock opened at $0.16 on Thursday. EnQuest has a fifty-two week low of $0.13 and a fifty-two week high of $0.22. The company has a current ratio of 0.76, a quick ratio of 0.71 and a debt-to-equity ratio of 1.76. The stock has a 50 day simple moving average of $0.16 and a two-hundred day simple moving average of $0.15.

About EnQuest

EnQuest PLC operates as an oil and gas production and development company, explores, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, Golden Eagle, Scolty/Crathes, Greater Kittiwake Area, and Alba; and PM8/Seligi projects.