Canacol Energy Ltd (OTCMKTS:CNNEF - Get Free Report) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 48,900 shares, an increase of 297.6% from the January 15th total of 12,300 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is presently 9.6 days.
Canacol Energy Trading Down 0.4 %
CNNEF traded down $0.01 during trading on Friday, hitting $2.64. The company's stock had a trading volume of 3,537 shares, compared to its average volume of 2,241. Canacol Energy has a twelve month low of $1.99 and a twelve month high of $4.55. The business's fifty day simple moving average is $2.61 and its 200 day simple moving average is $2.61. The firm has a market capitalization of $90.08 million, a price-to-earnings ratio of 3.94 and a beta of 0.93.
Canacol Energy Company Profile
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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.
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