Genel Energy plc (OTCMKTS:GEGYF – Get Free Report) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 9,772 shares, a growth of 81.6% from the January 29th total of 5,380 shares. Based on an average daily volume of 1,680 shares, the short-interest ratio is presently 5.8 days. Based on an average daily volume of 1,680 shares, the short-interest ratio is presently 5.8 days.
Genel Energy Stock Performance
GEGYF remained flat at $0.83 during trading on Friday. Genel Energy has a 1 year low of $0.66 and a 1 year high of $1.05. The company’s 50 day moving average is $0.83 and its 200 day moving average is $0.85.
About Genel Energy
Genel Energy is an independent oil and gas exploration and production company with a primary focus on the Kurdistan Region of Iraq. The company’s upstream portfolio encompasses operated and non-operated interests in producing fields and exploration licences. Its technical expertise is centered on maximizing recovery from established reservoirs and advancing near-term development projects.
Genel Energy’s principal producing assets include interests in the Taq Taq and Tawke licences, which have delivered sustained output of crude oil since the early 2010s.
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