Serica Energy plc (OTCMKTS:SQZZF – Get Free Report) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 568,635 shares, a decrease of 14.0% from the January 29th total of 661,432 shares. Based on an average daily volume of 1,486 shares, the short-interest ratio is currently 382.7 days. Based on an average daily volume of 1,486 shares, the short-interest ratio is currently 382.7 days.
Serica Energy Trading Down 15.2%
SQZZF opened at $2.80 on Wednesday. The firm’s fifty day moving average is $2.15 and its two-hundred day moving average is $2.32. Serica Energy has a twelve month low of $1.17 and a twelve month high of $3.30.
Serica Energy Company Profile
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.
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