Capricorn Energy PLC (OTCMKTS:CRNCY) Short Interest Update

Capricorn Energy PLC (OTCMKTS:CRNCY) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 400 shares, a drop of 42.9% from the October 31st total of 700 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 0.6 days.

Capricorn Energy Price Performance

CRNCY remained flat at $5.70 on Thursday. 30 shares of the company traded hands, compared to its average volume of 221. Capricorn Energy has a 52-week low of $3.70 and a 52-week high of $7.05. The company’s fifty day simple moving average is $5.56 and its two-hundred day simple moving average is $5.45. The company has a quick ratio of 2.49, a current ratio of 2.56 and a debt-to-equity ratio of 0.29.

About Capricorn Energy

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.