Frontera Energy Co. (OTCMKTS:FECCF – Get Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 601,942 shares, an increase of 1,376.4% from the April 15th total of 40,771 shares. Based on an average daily volume of 27,623 shares, the short-interest ratio is presently 21.8 days.
Frontera Energy Trading Up 0.8%
FECCF stock opened at $10.46 on Tuesday. Frontera Energy has a 1-year low of $3.37 and a 1-year high of $11.09. The business’s 50 day moving average is $9.95 and its 200-day moving average is $6.78.
About Frontera Energy
Frontera Energy is a Canada-based upstream oil and gas company engaged in the exploration, development and production of hydrocarbons. Listed on the OTC market under the symbol FECCF, the company focuses on heavy and light crude oil as well as natural gas and natural gas liquids. Frontera’s integrated operations encompass drilling, well completion, reservoir management and midstream activities, with an emphasis on cost control, operational efficiency and sustainable practices.
The company’s core asset base is located in Latin America, with the majority of production derived from onshore blocks in Colombia’s Llanos Basin.
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