Beach Energy Limited (OTCMKTS:BEPTF – Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 367,960 shares, a decrease of 35.2% from the September 30th total of 567,552 shares. Based on an average trading volume of 3,458 shares, the short-interest ratio is presently 106.4 days.
Beach Energy Price Performance
Shares of OTCMKTS BEPTF opened at $0.65 on Monday. The firm’s 50-day moving average price is $0.61 and its 200-day moving average price is $0.72. Beach Energy has a 52-week low of $0.55 and a 52-week high of $0.95.
Beach Energy Company Profile
Beach Energy Limited is an Australian oil and gas exploration and production company. The company explores for, develops and produces hydrocarbons, including natural gas, crude oil, condensate and liquefied petroleum gas (LPG), with a focus on supplying energy to the Australian market.
Beach Energy’s activities are centered on onshore and offshore assets in Australia, including operations in the Cooper Basin of South Australia and Queensland and the Otway Basin in South Australia and Victoria.
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