Short Interest in Crew Energy Inc. (OTCMKTS:CWEGF) Expands By 7.7%

Crew Energy Inc. (OTCMKTS:CWEGF) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 1,337,500 shares, a growth of 7.7% from the May 31st total of 1,242,000 shares. Based on an average trading volume of 37,100 shares, the short-interest ratio is currently 36.1 days.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets restated a “market perform” rating and set a $5.25 price target on shares of Crew Energy in a research note on Tuesday, April 9th.

Crew Energy Stock Performance

Shares of OTCMKTS:CWEGF opened at $3.22 on Wednesday. The company has a 50-day moving average price of $3.22 and a 200 day moving average price of $3.27. Crew Energy has a 52 week low of $2.76 and a 52 week high of $4.90.

Crew Energy Company Profile

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. The company's principal properties include Montney oil and liquids-rich natural gas assets comprising Septimus, West Septimus, Groundbirch, and Monias and Tower located in the northeast British Columbia.