Beach Energy Limited (OTCMKTS:BEPTF) Short Interest Down 28.7% in July

Beach Energy Limited (OTCMKTS:BEPTF) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 2,962,000 shares, a decrease of 28.7% from the June 30th total of 4,155,700 shares. Based on an average trading volume of 7,600 shares, the days-to-cover ratio is currently 389.7 days.

Beach Energy Stock Performance

OTCMKTS BEPTF remained flat at $1.00 during trading hours on Friday. The stock has a fifty day moving average of $1.03 and a two-hundred day moving average of $1.07. Beach Energy has a 1 year low of $0.92 and a 1 year high of $1.24.

About Beach Energy

Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.