Crew Energy Inc. (OTCMKTS:CWEGF) Sees Significant Drop in Short Interest

Crew Energy Inc. (OTCMKTS:CWEGF) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totalling 1,234,700 shares, a decline of 15.7% from the August 15th total of 1,465,500 shares. Based on an average daily volume of 219,200 shares, the short-interest ratio is presently 5.6 days.

Crew Energy Price Performance

Shares of OTCMKTS CWEGF traded up $0.04 during midday trading on Wednesday, hitting $5.02. 92,146 shares of the company traded hands, compared to its average volume of 62,549. Crew Energy has a 12-month low of $2.61 and a 12-month high of $5.35. The stock has a 50-day moving average price of $4.09 and a 200 day moving average price of $3.57.

About Crew Energy

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. The company's principal properties include Montney oil and liquids-rich natural gas assets comprising Septimus, West Septimus, Groundbirch, and Monias and Tower located in the northeast British Columbia.