Short Interest in Capricorn Energy PLC (OTCMKTS:CRNCY) Grows By 18.8%

Capricorn Energy PLC (OTCMKTS:CRNCY - Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 3,800 shares, an increase of 18.8% from the September 15th total of 3,200 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 2.1 days.

Capricorn Energy Stock Down 3.3 %

Shares of OTCMKTS CRNCY traded down $0.19 during midday trading on Monday, reaching $5.70. 600 shares of the company traded hands, compared to its average volume of 3,590. The stock's 50-day simple moving average is $5.72 and its 200-day simple moving average is $5.46. Capricorn Energy has a 12 month low of $3.70 and a 12 month high of $8.41.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.