Short Interest in Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) Drops By 69.5%

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 5,748 shares, a decline of 69.5% from the December 31st total of 18,861 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 65,337 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 65,337 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Harbour Energy Stock Performance

HBRIY stock traded up $0.25 during midday trading on Thursday, hitting $3.28. The company’s stock had a trading volume of 3,450 shares, compared to its average volume of 23,811. The stock’s 50-day moving average price is $2.83 and its 200 day moving average price is $2.94. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.80. Harbour Energy has a 1 year low of $2.08 and a 1 year high of $3.83.

Harbour Energy Company Profile

Harbour Energy PLC (OTCMKTS: HBRIY) is a London-based independent oil and gas exploration and production company formed in July 2021 through the merger of Premier Oil and Chrysaor. As the largest UK-listed E&P group by production, the company focuses on developing and operating a diversified portfolio of upstream assets to deliver long-term value through stable cash flow and disciplined capital allocation.

The company’s core business activities encompass the exploration, development and production of crude oil and natural gas.