Harbour Energy plc (OTCMKTS:HBRIY) Short Interest Down 85.7% in November

Harbour Energy plc (OTCMKTS:HBRIY) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 200 shares, a decline of 85.7% from the October 31st total of 1,400 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Barclays upgraded Harbour Energy to a “strong-buy” rating in a research note on Friday, August 9th.

Harbour Energy Price Performance

Shares of HBRIY stock remained flat at $3.45 during mid-day trading on Wednesday. 1 shares of the stock were exchanged, compared to its average volume of 595. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.34. The company has a fifty day moving average price of $3.50 and a 200 day moving average price of $3.73. Harbour Energy has a twelve month low of $2.80 and a twelve month high of $4.24.

Harbour Energy Company Profile

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.