Eagleford Energy Inc. (OTCMKTS:GRUSF) Sees Large Drop in Short Interest

Eagleford Energy Inc. (OTCMKTS:GRUSF) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 4,745 shares, a drop of 56.2% from the August 31st total of 10,826 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 140,594 shares, the days-to-cover ratio is presently 0.0 days.

Eagleford Energy Trading Down 5.7%

Shares of Eagleford Energy stock opened at $0.44 on Wednesday. Eagleford Energy has a 52-week low of $0.27 and a 52-week high of $0.52. The firm has a market capitalization of $109.06 million and a PE ratio of -22.00. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.59 and a quick ratio of 1.82. The company’s fifty day moving average price is $0.44 and its two-hundred day moving average price is $0.40.

Eagleford Energy (OTCMKTS:GRUSF) last issued its earnings results on Tuesday, August 4th. The company reported ($0.01) earnings per share for the quarter. Eagleford Energy had a negative net margin of 8.79% and a negative return on equity of 14.50%. The business had revenue of $11.27 million for the quarter.

About Eagleford Energy

Grown Rogue International Inc, together with its subsidiaries, produces and sells cannabis products in the United States. It offers a range of cultivars for consumers, such as indicas, sativas, and hybrids; strain-specific prepackaged flowers; and pre-roll pack products, as well as provides consulting services. The company sells its products through direct-to-retail delivery and third-party delivery, wholesalers, and processors. Grown Rogue International Inc is headquartered in Medford, Oregon.