Short Interest in Energean plc (OTCMKTS:EERGF) Rises By 5.3%

Energean plc (OTCMKTS:EERGF) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 786,000 shares, a growth of 5.3% from the October 15th total of 746,100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 7,860.0 days.

Energean Price Performance

Shares of OTCMKTS EERGF remained flat at $12.50 during mid-day trading on Friday. Energean has a 1-year low of $11.05 and a 1-year high of $15.35. The stock has a 50 day moving average price of $12.64 and a 200-day moving average price of $13.09.

About Energean

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.