U.S. Energy Corp. (NASDAQ:USEG) Short Interest Update

U.S. Energy Corp. (NASDAQ:USEG) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 93,900 shares, a growth of 117.4% from the October 31st total of 43,200 shares. Based on an average daily volume of 129,800 shares, the short-interest ratio is currently 0.7 days.

Analyst Ratings Changes

Separately, StockNews.com started coverage on U.S. Energy in a research note on Wednesday. They issued a “hold” rating on the stock.

U.S. Energy Stock Performance

NASDAQ:USEG opened at $1.71 on Thursday. The firm has a market cap of $47.83 million, a P/E ratio of -1.28 and a beta of 0.47. U.S. Energy has a fifty-two week low of $0.81 and a fifty-two week high of $1.91. The firm has a 50-day simple moving average of $1.40 and a two-hundred day simple moving average of $1.15.

About U.S. Energy

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.