Capricorn Energy PLC (OTCMKTS:CRNCY) Short Interest Down 74.1% in October

Capricorn Energy PLC (OTCMKTS:CRNCY) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 700 shares, a decline of 74.1% from the October 15th total of 2,700 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 1.8 days.

Capricorn Energy Stock Performance

Capricorn Energy stock remained flat at $5.30 during mid-day trading on Thursday. 36 shares of the company traded hands, compared to its average volume of 3,375. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.49 and a current ratio of 2.56. The company has a 50 day moving average of $5.63 and a 200 day moving average of $5.46. Capricorn Energy has a one year low of $3.70 and a one year high of $7.05.

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.