Genel Energy plc (OTCMKTS:GEGYF – Get Free Report) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 200 shares, a decrease of 98.2% from the April 30th total of 11,272 shares. Based on an average daily volume of 1,455 shares, the short-interest ratio is currently 0.1 days.
Genel Energy Stock Performance
Shares of Genel Energy stock traded down $0.00 during trading on Wednesday, reaching $0.69. 2,000 shares of the stock were exchanged, compared to its average volume of 5,805. The stock’s fifty day moving average is $0.74 and its 200 day moving average is $0.80. Genel Energy has a 1 year low of $0.66 and a 1 year high of $1.05.
Genel Energy Company Profile
Genel Energy is an independent oil and gas exploration and production company with a primary focus on the Kurdistan Region of Iraq. The company’s upstream portfolio encompasses operated and non-operated interests in producing fields and exploration licences. Its technical expertise is centered on maximizing recovery from established reservoirs and advancing near-term development projects.
Genel Energy’s principal producing assets include interests in the Taq Taq and Tawke licences, which have delivered sustained output of crude oil since the early 2010s.
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