Capricorn Energy PLC (OTCMKTS:CRNCY) Short Interest Down 78.9% in March

Capricorn Energy PLC (OTCMKTS:CRNCY) saw a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 800 shares, a drop of 78.9% from the March 15th total of 3,800 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Capricorn Energy Stock Down 4.8 %

Shares of OTCMKTS:CRNCY opened at $5.67 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.56 and a quick ratio of 2.49. The stock’s 50-day moving average price is $6.76 and its two-hundred day moving average price is $6.63. Capricorn Energy has a 12-month low of $4.18 and a 12-month high of $8.93.

Capricorn Energy Company Profile

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