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

Serica Energy plc (OTCMKTS:SQZZF) was the recipient of a large decrease in short interest during the month of 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 trading volume of 100 shares, the days-to-cover ratio is presently 1,157.0 days.

Serica Energy Stock Performance

Serica Energy stock opened at $2.45 on Wednesday. Serica Energy has a 52-week low of $1.58 and a 52-week high of $3.30. The company’s 50 day moving average is $2.32 and its two-hundred day moving average is $2.67.

Serica Energy Company Profile

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 is based in London, the United Kingdom.