Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) Stock Short Interest Rises 184.0%

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 22,526 shares, a growth of 184.0% from the September 30th total of 7,931 shares. Based on an average daily volume of 41,277 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Harbour Energy Price Performance

OTCMKTS HBRIY opened at $4.11 on Friday. The stock’s 50 day simple moving average is $3.74 and its 200 day simple moving average is $3.58. Harbour Energy has a one year low of $2.55 and a one year high of $4.48. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.59 and a current ratio of 0.70.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Barclays reaffirmed an “overweight” rating on shares of Harbour Energy in a report on Monday, October 5th. The Goldman Sachs Group raised shares of Harbour Energy from a “hold” rating to a “buy” rating in a report on Thursday, September 10th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Harbour Energy Company Profile

Harbour Energy plc is an independent oil and gas company headquartered in London, England. The company explores for, develops and produces hydrocarbons, with activities spanning the upstream energy value chain. Its portfolio includes oil and natural gas assets, and it also undertakes decommissioning work on mature fields and related infrastructure.

Harbour has historically maintained a significant presence in the United Kingdom’s North Sea and has expanded its international operations through acquisitions and new developments.