i3 Energy Plc (OTCMKTS:ITEEF) Sees Significant Growth in Short Interest

i3 Energy Plc (OTCMKTS:ITEEF) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 92,700 shares, a growth of 7,625.0% from the August 15th total of 1,200 shares. Based on an average trading volume of 81,700 shares, the days-to-cover ratio is presently 1.1 days.

i3 Energy Stock Performance

OTCMKTS:ITEEF opened at $0.13 on Friday. i3 Energy has a 1 year low of $0.09 and a 1 year high of $0.19. The stock has a fifty day moving average price of $0.13 and a two-hundred day moving average price of $0.13.

i3 Energy Company Profile

i3 Energy Plc, a holding company, engages in the acquisition, development, and production of oil and gas assets in the United Kingdom and Canada. The company holds the 13/23c and 13/23d blocks in Liberator field; and 75% interest in the 13/23c-10 well in the Serenity field. Its production asset base consists of approximately 850 net conventional oil, natural gas, and natural gas liquids production wells in Central Alberta, Wapiti / Elmworth, Simonette, and the Clearwater play, Canada.