Short Interest in Capricorn Energy PLC (OTCMKTS:CRNCY) Grows By 100.0%

Capricorn Energy PLC (OTCMKTS:CRNCY) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 800 shares, an increase of 100.0% from the March 31st total of 400 shares. Based on an average trading volume of 2,500 shares, the days-to-cover ratio is presently 0.3 days.

Capricorn Energy Price Performance

OTCMKTS:CRNCY traded up $0.30 on Friday, reaching $4.70. The company’s stock had a trading volume of 790 shares, compared to its average volume of 2,480. Capricorn Energy has a 12-month low of $2.90 and a 12-month high of $7.67. The stock has a 50 day moving average price of $3.78 and a 200 day moving average price of $3.91.

Capricorn Energy Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 24th. Stockholders of record on Thursday, May 23rd will be given a dividend of $1.0198 per share. The ex-dividend date of this dividend is Tuesday, May 21st.

Capricorn Energy Company Profile

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