Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) Short Interest Up 1,772.9% in March

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIYGet Free Report) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 359,394 shares, an increase of 1,772.9% from the February 26th total of 19,189 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 335,387 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 335,387 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered Harbour Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Read Our Latest Stock Report on Harbour Energy

Harbour Energy Stock Performance

HBRIY traded down $0.09 during trading on Tuesday, reaching $3.91. 27,909 shares of the stock traded hands, compared to its average volume of 102,207. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.93 and a current ratio of 1.00. The stock’s 50-day moving average is $3.40 and its 200 day moving average is $3.07. Harbour Energy has a 12 month low of $2.08 and a 12 month high of $4.48.

About Harbour Energy

(Get Free Report)

Harbour Energy PLC (OTCMKTS: HBRIY) is a London-based independent oil and gas exploration and production company formed in July 2021 through the merger of Premier Oil and Chrysaor. As the largest UK-listed E&P group by production, the company focuses on developing and operating a diversified portfolio of upstream assets to deliver long-term value through stable cash flow and disciplined capital allocation.

The company’s core business activities encompass the exploration, development and production of crude oil and natural gas.

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