Serica Energy plc (OTCMKTS:SQZZF) Short Interest Down 26.5% in March

Serica Energy plc (OTCMKTS:SQZZF) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totaling 196,020 shares, a decrease of 26.5% from the March 15th total of 266,812 shares. Based on an average daily trading volume, of 3,452 shares, the short-interest ratio is presently 56.8 days.

Serica Energy Price Performance

Shares of SQZZF opened at $3.03 on Thursday. Serica Energy has a 1 year low of $1.17 and a 1 year high of $3.30. The stock has a 50 day simple moving average of $2.83 and a 200-day simple moving average of $2.50.

About Serica Energy

Serica Energy plc (OTCMKTS:SQZZF) is an independent oil and gas exploration and production company with a primary focus on assets in the United Kingdom Continental Shelf (UKCS) and a strategic interest in the Fortuna FLNG development in Equatorial Guinea. Founded in 2006 and listed on the London Stock Exchange in 2007, Serica has built a portfolio of interests in mature producing fields and growth opportunities. The company’s operating model centers on low-cost, infrastructure-led acquisitions and disciplined operational management.

Serica holds material stakes in several key North Sea assets.