Serica Energy plc (OTCMKTS:SQZZF) Sees Large Decrease in Short Interest

Serica Energy plc (OTCMKTS:SQZZF) was the target of a large drop in short interest in November. As of November 30th, there was short interest totalling 154,800 shares, a drop of 32.6% from the November 15th total of 229,600 shares. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is presently 31.0 days.

Serica Energy Price Performance

Shares of OTCMKTS SQZZF remained flat at $1.61 during midday trading on Friday. 1 shares of the stock were exchanged, compared to its average volume of 3,460. The stock’s 50-day simple moving average is $1.74 and its 200 day simple moving average is $1.79. Serica Energy has a 1-year low of $1.31 and a 1-year high of $3.30.

Serica Energy Company Profile

Serica Energy plc, an upstream oil and gas company, identifies, acquires, explores, exploits, and produces oil and gas reserves in the United Kingdom. The company is based in London, the United Kingdom.