Serica Energy plc (OTCMKTS:SQZZF) Sees Large Decline in Short Interest

Serica Energy plc (OTCMKTS:SQZZFGet Free Report) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 115,700 shares, a decrease of 14.6% from the March 31st total of 135,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 1,157.0 days.

Serica Energy Stock Performance

Serica Energy stock opened at $2.45 on Monday. Serica Energy has a twelve month low of $1.58 and a twelve month high of $3.30. The company’s 50-day moving average price is $2.32 and its 200-day moving average price is $2.68.

Serica Energy Company Profile

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Serica Energy plc, an upstream oil and gas company, identifies, acquires, explores, exploits, and produces oil and gas reserves in the United Kingdom. The company holds 100% interest in the Keith oil field; 98% interest in the Bruce field; and 50% interest in the Rhum gas field located in the Northern North Sea, as well as 18% non-operating interest in the Erskine field located in Central North Sea.

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