Short Interest in EnQuest PLC (OTCMKTS:ENQUF) Expands By 64.3%

EnQuest PLC (OTCMKTS:ENQUF) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 4,600 shares, an increase of 64.3% from the May 31st total of 2,800 shares. Based on an average daily volume of 6,700 shares, the short-interest ratio is presently 0.7 days.

EnQuest Stock Performance

OTCMKTS ENQUF remained flat at $0.17 during trading hours on Friday. EnQuest has a 1-year low of $0.15 and a 1-year high of $0.22. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.87 and a quick ratio of 0.77. The business’s 50 day simple moving average is $0.19 and its 200 day simple moving average is $0.18.

EnQuest Company Profile

EnQuest PLC operates as an oil and gas production and development company, explores, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, Golden Eagle, Scolty/Crathes, Greater Kittiwake Area, and Alba; and PM8/Seligi projects.