Frontera Energy Co. (OTCMKTS:FECCF) Sees Significant Decline in Short Interest

Frontera Energy Co. (OTCMKTS:FECCF) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 381,600 shares, a drop of 18.8% from the August 15th total of 470,100 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is presently 39.3 days. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is presently 39.3 days.

Frontera Energy Stock Performance

OTCMKTS FECCF opened at $4.17 on Friday. The company’s 50 day moving average price is $4.42 and its 200 day moving average price is $4.32. Frontera Energy has a one year low of $3.32 and a one year high of $6.72.

Frontera Energy Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, July 17th. Stockholders of record on Friday, July 4th were paid a dividend of $0.045 per share. This is an increase from Frontera Energy’s previous dividend of $0.04. This represents a dividend yield of 374.0%. The ex-dividend date was Thursday, July 3rd.

About Frontera Energy

Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.