Serica Energy plc (OTCMKTS:SQZZF) Sees Large Growth in Short Interest

Serica Energy plc (OTCMKTS:SQZZF) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 138,200 shares, an increase of 20.0% from the July 31st total of 115,200 shares. Based on an average daily volume of 14,400 shares, the short-interest ratio is presently 9.6 days.

Serica Energy Stock Performance

Shares of Serica Energy stock opened at $1.75 on Friday. The stock’s 50 day simple moving average is $1.76 and its 200-day simple moving average is $2.13. Serica Energy has a 1-year low of $1.31 and a 1-year high of $3.30.

About Serica Energy

Serica Energy plc, an upstream oil and gas company, identifies, acquires, explores, exploits, and produces oil and gas reserves in the United Kingdom. The company is based in London, the United Kingdom.