Genel Energy plc (OTCMKTS:GEGYF – Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 200 shares, a decrease of 98.2% from the April 30th total of 11,272 shares. Based on an average daily trading volume, of 1,455 shares, the short-interest ratio is currently 0.1 days.
Genel Energy Price Performance
GEGYF stock traded down $0.00 during trading on Wednesday, reaching $0.69. The company had a trading volume of 2,000 shares, compared to its average volume of 5,805. Genel Energy has a 52 week low of $0.66 and a 52 week high of $1.05. The business has a 50 day moving average of $0.74 and a 200 day moving average of $0.80.
Genel Energy Company Profile
Genel Energy is an independent oil and gas exploration and production company with a primary focus on the Kurdistan Region of Iraq. The company’s upstream portfolio encompasses operated and non-operated interests in producing fields and exploration licences. Its technical expertise is centered on maximizing recovery from established reservoirs and advancing near-term development projects.
Genel Energy’s principal producing assets include interests in the Taq Taq and Tawke licences, which have delivered sustained output of crude oil since the early 2010s.
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