Short Interest in Senex Energy Limited (OTCMKTS:VPTOF) Decreases By 93.6%

Senex Energy Limited (OTCMKTS:VPTOF – Get Rating) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 27,300 shares, a drop of 93.6% from the March 15th total of 428,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

OTCMKTS:VPTOF opened at $3.37 on Thursday. Senex Energy has a 12-month low of $0.35 and a 12-month high of $3.45. The business has a 50 day simple moving average of $3.30 and a 200 day simple moving average of $3.16.

Separately, Canaccord Genuity Group lowered Senex Energy from a “buy” rating to a “hold” rating and lifted their target price for the stock from 4.53 to 4.65 in a research report on Tuesday, January 18th.

Senex Energy Company Profile (Get Rating)

Senex Energy Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas resources in Australia. It primarily holds oil and gas assets in the Surat Basin located in Queensland. The company was formerly known as Victoria Petroleum NL and changed its name to Senex Energy Limited in 2010.

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