Logan Energy Corp. (OTCMKTS:LOECF) Sees Large Growth in Short Interest

Logan Energy Corp. (OTCMKTS:LOECF) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,065,900 shares, an increase of 16.1% from the January 15th total of 918,000 shares. Based on an average daily volume of 26,600 shares, the short-interest ratio is currently 40.1 days.

Logan Energy Price Performance

LOECF opened at $0.50 on Monday. Logan Energy has a 1 year low of $0.44 and a 1 year high of $0.75. The firm has a 50 day moving average price of $0.49 and a 200 day moving average price of $0.56.

Logan Energy Company Profile

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.