Short Interest in Capricorn Energy PLC (OTCMKTS:CRNCY) Increases By 100.0%

Capricorn Energy PLC (OTCMKTS:CRNCY) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 800 shares, a growth of 100.0% from the March 31st total of 400 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is currently 0.3 days.

Capricorn Energy Trading Up 6.8 %

Capricorn Energy stock traded up $0.30 during mid-day trading on Friday, hitting $4.70. 790 shares of the company’s stock were exchanged, compared to its average volume of 2,480. Capricorn Energy has a 1-year low of $2.90 and a 1-year high of $7.67. The stock has a 50 day moving average of $3.78 and a two-hundred day moving average of $3.91.

Capricorn Energy Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, June 24th. Shareholders of record on Thursday, May 23rd will be given a dividend of $1.0198 per share. The ex-dividend date of this dividend is Tuesday, May 21st.

Capricorn Energy Company Profile

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas. It holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.