Short Interest in Harbour Energy plc (OTCMKTS:PMOIF) Expands By 25.2%

Harbour Energy plc (OTCMKTS:PMOIF) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,063,200 shares, an increase of 25.2% from the March 15th total of 849,200 shares. Based on an average trading volume of 11,200 shares, the days-to-cover ratio is presently 94.9 days.

Harbour Energy Price Performance

OTCMKTS:PMOIF remained flat at $1.98 on Monday. The business has a fifty day moving average price of $2.65 and a 200-day moving average price of $3.10. Harbour Energy has a 12-month low of $1.98 and a 12-month high of $4.14.

About Harbour Energy

Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves. The company holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. It is also involved in the decommissioning, financing, gas trading, and risk mitigation activities.