Short Interest in Capricorn Energy PLC (OTCMKTS:CRNCY) Expands By 245.5%

Capricorn Energy PLC (OTCMKTS:CRNCY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 3,800 shares, an increase of 245.5% from the February 28th total of 1,100 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 4.8 days. Approximately 0.0% of the shares of the stock are short sold.

Capricorn Energy Trading Up 14.6 %

CRNCY traded up $0.89 during trading on Thursday, reaching $7.00. 6,515 shares of the company traded hands, compared to its average volume of 791. The company has a current ratio of 2.56, a quick ratio of 2.49 and a debt-to-equity ratio of 0.29. Capricorn Energy has a 12-month low of $4.18 and a 12-month high of $8.93. The firm has a fifty day simple moving average of $7.42 and a 200 day simple moving average of $6.60.

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.