Harbour Energy plc (OTCMKTS:PMOIF) Sees Large Decline in Short Interest

Harbour Energy plc (OTCMKTS:PMOIF) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,152,300 shares, a decline of 22.8% from the October 15th total of 1,493,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 11,523.0 days.

Harbour Energy Stock Performance

OTCMKTS PMOIF remained flat at $3.31 on Friday. The stock’s fifty day moving average is $3.51 and its 200-day moving average is $3.70. Harbour Energy has a 52-week low of $2.77 and a 52-week 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.