Logan Energy Corp. (OTCMKTS:LOECF) Sees Large Drop in Short Interest

Logan Energy Corp. (OTCMKTS:LOECF) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 930,600 shares, a drop of 12.7% from the January 31st total of 1,065,900 shares. Based on an average daily trading volume, of 25,800 shares, the days-to-cover ratio is presently 36.1 days.

Logan Energy Stock Performance

LOECF traded up $0.00 on Thursday, reaching $0.43. The company’s stock had a trading volume of 3,500 shares, compared to its average volume of 21,100. Logan Energy has a fifty-two week low of $0.41 and a fifty-two week high of $0.75. The stock has a 50 day moving average of $0.48 and a two-hundred day moving average of $0.54.

About Logan Energy

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.