Canacol Energy Ltd (OTCMKTS:CNNEF) Short Interest Down 50.0% in December

by · The Markets Daily

Canacol Energy Ltd (OTCMKTS:CNNEF – Get Free Report) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the December 15th total of 200 shares. Based on an average trading volume of 12,700 shares, the short-interest ratio is presently 0.0 days.

Canacol Energy Stock Down 1.1 %

Shares of CNNEF stock traded down $0.03 during trading hours on Tuesday, reaching $2.60. 4,635 shares of the company’s stock were exchanged, compared to its average volume of 976. Canacol Energy has a fifty-two week low of $1.99 and a fifty-two week high of $5.09. The stock has a market capitalization of $88.70 million, a P/E ratio of 3.88 and a beta of 0.93. The business has a fifty day moving average price of $2.59 and a 200-day moving average price of $2.73.

Canacol Energy Company Profile

(Get Free Report)

Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.

Featured Articles