Capricorn Energy PLC (OTCMKTS:CRNCY) Short Interest Down 31.6% in May

Capricorn Energy PLC (OTCMKTS:CRNCY - Get Free Report) was the target of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 1,300 shares, a drop of 31.6% from the May 15th total of 1,900 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 2.6 days. Approximately 0.0% of the company's stock are sold short.

Capricorn Energy Price Performance

Shares of CRNCY opened at $6.30 on Tuesday. Capricorn Energy has a fifty-two week low of $4.18 and a fifty-two week high of $8.93. The company has a quick ratio of 2.49, a current ratio of 2.56 and a debt-to-equity ratio of 0.29. The firm's 50 day moving average price is $6.11 and its 200 day moving average price is $6.81.

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.

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