i3 Energy Plc (OTCMKTS:ITEEF) Short Interest Up 161.9% in July

i3 Energy Plc (OTCMKTS:ITEEF) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 40,600 shares, an increase of 161.9% from the July 15th total of 15,500 shares. Based on an average trading volume of 4,300 shares, the short-interest ratio is currently 9.4 days.

i3 Energy Stock Performance

Shares of i3 Energy stock remained flat at $0.11 on Thursday. The company has a 50-day moving average of $0.13 and a 200-day moving average of $0.13. i3 Energy has a 52 week low of $0.09 and a 52 week high of $0.19.

About i3 Energy

i3 Energy Plc, a holding company, engages in the acquisition, development, and production of oil and gas assets in the United Kingdom and Canada. The company holds the 13/23c and 13/23d blocks in Liberator field; and 75% interest in the 13/23c-10 well in the Serenity field. Its production asset base consists of approximately 850 net conventional oil, natural gas, and natural gas liquids production wells in Central Alberta, Wapiti / Elmworth, Simonette, and the Clearwater play, Canada.