Canacol Energy Ltd (OTCMKTS:CNNEF - Get Free Report) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 100 shares, a decline of 50.0% from the December 15th total of 200 shares. Based on an average daily volume of 12,700 shares, the days-to-cover ratio is currently 0.0 days.
Canacol Energy Price Performance
Shares of OTCMKTS:CNNEF traded down $0.03 on Tuesday, hitting $2.60. 102 shares of the company's stock were exchanged, compared to its average volume of 863. The stock has a market capitalization of $88.70 million, a price-to-earnings ratio of 3.88 and a beta of 0.93. Canacol Energy has a 12 month low of $1.99 and a 12 month high of $5.09. The business's 50 day simple moving average is $2.59 and its two-hundred day simple moving average is $2.73.
About Canacol Energy
(
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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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