Canacol Energy Ltd (OTCMKTS:CNNEF) Short Interest Update

Canacol Energy Ltd (OTCMKTS:CNNEF) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the December 31st total of 200 shares. Based on an average trading volume of 12,700 shares, the days-to-cover ratio is presently 0.0 days.

Canacol Energy Stock Up 6.3 %

Shares of CNNEF traded up $0.15 during mid-day trading on Thursday, hitting $2.55. The stock had a trading volume of 5,800 shares, compared to its average volume of 1,883. Canacol Energy has a fifty-two week low of $1.99 and a fifty-two week high of $4.70. The company has a market cap of $87.01 million, a PE ratio of 3.81 and a beta of 0.93. The company’s fifty day simple moving average is $2.64 and its two-hundred day simple moving average is $2.67.

Canacol Energy (OTCMKTS:CNNEF) last posted its earnings results on Thursday, November 7th. The company reported $0.30 EPS for the quarter. The company had revenue of $94.54 million for the quarter.

About Canacol Energy

Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.