Capricorn Energy PLC (OTCMKTS:CRNCY) Sees Significant Increase in Short Interest

Capricorn Energy PLC (OTCMKTS:CRNCY - Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 800 shares, a growth of 100.0% from the March 31st total of 400 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 0.3 days.

Capricorn Energy Stock Up 6.8 %

Shares of CRNCY stock traded up $0.30 during trading hours on Friday, reaching $4.70. The stock had a trading volume of 790 shares, compared to its average volume of 2,480. Capricorn Energy has a twelve month low of $2.90 and a twelve month high of $7.67. The firm has a 50-day simple moving average of $3.78 and a 200-day simple moving average of $3.89.

Capricorn Energy Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 24th. Investors of record on Thursday, May 23rd will be issued a $1.0198 dividend. The ex-dividend date of this dividend is Tuesday, May 21st.

Capricorn Energy Company Profile

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas. It holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.