Canacol Energy Ltd (OTCMKTS:CNNEF) Short Interest Update

Canacol Energy Ltd (OTCMKTS:CNNEF - Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 2,800 shares, a decrease of 24.3% from the September 30th total of 3,700 shares. Based on an average daily trading volume, of 3,600 shares, the short-interest ratio is currently 0.8 days.

Canacol Energy Price Performance

Shares of CNNEF traded down $0.10 during midday trading on Friday, hitting $2.14. 7,070 shares of the company traded hands, compared to its average volume of 10,614. The stock has a 50-day moving average of $2.59 and a 200-day moving average of $3.06. Canacol Energy has a one year low of $2.02 and a one year high of $5.90. The firm has a market cap of $73.07 million, a P/E ratio of 1.00 and a beta of 0.84.

Canacol Energy (OTCMKTS:CNNEF - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.62) earnings per share for the quarter. The company had revenue of $94.57 million for the quarter.

Canacol Energy Company Profile

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.