Energean plc (OTCMKTS:EERGF) Short Interest Up 5.3% in October

Energean plc (OTCMKTS:EERGF) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 786,000 shares, an increase of 5.3% from the October 15th total of 746,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 7,860.0 days.

Energean Stock Performance

EERGF stock remained flat at $12.50 during trading on Monday. Energean has a 12-month low of $11.05 and a 12-month high of $15.35. The business has a 50 day simple moving average of $12.64 and a 200 day simple moving average of $13.09.

About Energean

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.