Short Interest in EnQuest (OTCMKTS:ENQUF) Decreases By 49.6%

Key Points

• Short interest in EnQuest (OTCMKTS:ENQUF) decreased by 49.6% in September, falling from 172,700 shares to 87,100 shares.
• The short-interest ratio is currently at 435.5 days, indicating a prolonged potential for short selling given the low trading volume.
• EnQuest stock has remained flat at $0.16, with a fifty-two week range of $0.13 to $0.20.

EnQuest (OTCMKTS:ENQUF - ) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 87,100 shares, a drop of 49.6% from the August 31st total of 172,700 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 435.5 days. Based on an average trading volume of 200 shares, the short-interest ratio is currently 435.5 days.

EnQuest Stock Performance

ENQUF stock remained flat at $0.16 on Friday. EnQuest has a fifty-two week low of $0.13 and a fifty-two week high of $0.20. The company has a 50 day simple moving average of $0.17 and a two-hundred day simple moving average of $0.17.

EnQuest Company Profile

EnQuest PLC operates as an oil and gas production and development company, explores, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, Golden Eagle, Scolty/Crathes, Greater Kittiwake Area, and Alba; and PM8/Seligi projects.

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