EnQuest (OTCMKTS:ENQUF – Get Free Report) saw a large decrease in short interest in October. As of October 30th, there was short interest totaling 151,470 shares, a decrease of 84.3% from the October 15th total of 962,214 shares. Based on an average daily trading volume, of 2,125 shares, the days-to-cover ratio is presently 71.3 days. Currently, 0.0% of the company’s stock are short sold.
EnQuest Price Performance
Shares of OTCMKTS:ENQUF opened at $0.35 on Friday. The firm has a fifty day moving average of $0.38 and a two-hundred day moving average of $0.30. EnQuest has a 12-month low of $0.13 and a 12-month high of $0.45.
EnQuest Company Profile
EnQuest is an independent energy company focused on the development and production of oil and natural gas. Its activities also include operating and maintaining offshore infrastructure and managing the later-life stages of oil and gas assets. The company’s operations are centered on the United Kingdom’s North Sea, where its portfolio has included producing fields and related facilities. EnQuest has also operated assets in Malaysia, a business it agreed to sell to Hibiscus Petroleum. Founded in 2010, EnQuest was formed through the combination of UK North Sea assets associated with Lundin Petroleum and Petrofac Energy Developments.
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