Canacol Energy Ltd (OTCMKTS:CNNEF) Short Interest Update

Canacol Energy Ltd (OTCMKTS:CNNEF) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a decline of 50.0% from the December 31st 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

Canacol Energy stock traded up $0.15 during mid-day trading on Thursday, hitting $2.55. The company’s stock had a trading volume of 5,800 shares, compared to its average volume of 1,883. Canacol Energy has a 52-week low of $1.99 and a 52-week high of $4.70. The company has a market cap of $87.01 million, a PE ratio of 3.81 and a beta of 0.93. The firm’s 50 day moving average is $2.64 and its 200 day moving average is $2.67.

Canacol Energy (OTCMKTS:CNNEF) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $94.54 million during the quarter.

Canacol Energy Company Profile

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.