Short Interest in Energean plc (OTCMKTS:EERGF) Grows By 5.2%

Energean plc (OTCMKTS:EERGF) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 484,300 shares, an increase of 5.2% from the August 31st total of 460,400 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 2,421.5 days.

Energean Stock Performance

Shares of Energean stock opened at $13.00 on Tuesday. The business has a 50-day moving average price of $12.53 and a two-hundred day moving average price of $13.13. Energean has a 1-year low of $9.55 and a 1-year high of $15.35.

About Energean

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.