Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) Stock Short Interest Report for September

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 7,931 shares, a decline of 78.3% from the September 15th total of 36,496 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 121,081 shares, the days-to-cover ratio is presently 0.1 days.

Harbour Energy Stock Performance

Shares of HBRIY traded up $0.04 during midday trading on Friday, reaching $3.73. 49,949 shares of the stock were exchanged, compared to its average volume of 42,822. Harbour Energy has a twelve month low of $2.51 and a twelve month high of $4.48. The company has a quick ratio of 0.59, a current ratio of 0.70 and a debt-to-equity ratio of 0.88. The business’s 50-day moving average price is $3.61 and its 200 day moving average price is $3.62.

Analyst Ratings Changes

HBRIY has been the subject of several research analyst reports. Barclays restated an “overweight” rating on shares of Harbour Energy in a report on Monday, October 5th. The Goldman Sachs Group raised shares of Harbour Energy from a “hold” rating to a “buy” rating in a research report on Thursday, September 10th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

About Harbour Energy

Harbour Energy plc is an independent oil and gas company headquartered in London, United Kingdom. The company explores for, develops and produces hydrocarbons, with operations focused primarily on offshore and other upstream assets.

Harbour Energy has historically maintained a significant presence in the United Kingdom Continental Shelf and has expanded its international portfolio through acquisitions and partnerships. Its activities have included oil and natural gas exploration, field development, production, processing and the decommissioning of mature assets.

In 2024, Harbour Energy completed the acquisition of substantially all of Wintershall Dea’s upstream assets outside Russia, broadening its operations across locations including Norway, Germany, Denmark, Egypt, Argentina and Mexico.