Short Interest in Eagleford Energy Inc. (OTCMKTS:GRUSF) Rises By 296.5%

Key Points

• Eagleford Energy Inc. experienced a dramatic rise in short interest, increasing by 296.5% in August, totaling 137,600 shares.
• The company's stock was trading at $0.44 with a market cap of $90.69 million and a P/E ratio of 43.59.
• In its recent quarterly earnings report, Eagleford Energy posted earnings per share of $0.01 and reported revenue of $5.56 million.

Eagleford Energy Inc. (OTCMKTS:GRUSF - Get Free Report) saw a large increase in short interest in August. As of August 15th, there was short interest totaling 137,600 shares, anincreaseof296.5% from the July 31st total of 34,700 shares. Based on an average trading volume of 670,300 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 670,300 shares, the days-to-cover ratio is currently 0.2 days.

Eagleford Energy Stock Down 1.6%

Shares of GRUSF traded down $0.01 during trading hours on Monday, hitting $0.42. 27,903 shares of the company were exchanged. The firm's 50 day moving average is $0.41 and its 200-day moving average is $0.42. Eagleford Energy has a 52 week low of $0.30 and a 52 week high of $0.79. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.50 and a current ratio of 4.60.

Eagleford Energy (OTCMKTS:GRUSF - Get Free Report) last released its quarterly earnings results on Tuesday, August 12th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $5.56 million during the quarter. Eagleford Energy had a return on equity of 18.13% and a net margin of 14.90%.

Eagleford Energy Company Profile

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