Serica Energy plc (OTCMKTS:SQZZF – Get Free Report) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 442,431 shares, a drop of 22.2% from the February 12th total of 568,635 shares. Based on an average daily trading volume, of 818 shares, the short-interest ratio is presently 540.9 days. Based on an average daily trading volume, of 818 shares, the short-interest ratio is presently 540.9 days.
Serica Energy Stock Performance
Serica Energy stock opened at $3.00 on Monday. The business has a 50-day moving average of $2.30 and a 200-day moving average of $2.35. Serica Energy has a 1 year low of $1.17 and a 1 year high of $3.30.
Serica Energy Company Profile
Serica Energy plc (OTCMKTS:SQZZF) is an independent oil and gas exploration and production company with a primary focus on assets in the United Kingdom Continental Shelf (UKCS) and a strategic interest in the Fortuna FLNG development in Equatorial Guinea. Founded in 2006 and listed on the London Stock Exchange in 2007, Serica has built a portfolio of interests in mature producing fields and growth opportunities. The company’s operating model centers on low-cost, infrastructure-led acquisitions and disciplined operational management.
Serica holds material stakes in several key North Sea assets.
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