Frontera Energy Co. (OTCMKTS:FECCF – Get Free Report) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 242,800 shares, a drop of 9.0% from the November 15th total of 266,800 shares. Based on an average daily volume of 42,500 shares, the days-to-cover ratio is currently 5.7 days.
Frontera Energy Stock Performance
FECCF stock opened at $5.50 on Tuesday. The stock’s 50 day moving average is $5.72 and its two-hundred day moving average is $5.85. Frontera Energy has a 52-week low of $5.08 and a 52-week high of $7.30.
Frontera Energy Cuts Dividend
The business also recently declared a dividend, which was paid on Wednesday, October 16th. Investors of record on Thursday, October 3rd were issued a $0.0455 dividend. The ex-dividend date was Wednesday, October 2nd. This represents a yield of 3.15%.
Frontera Energy Company Profile
Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.
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