Energean plc (OTCMKTS:EERGF) Short Interest Update

Energean plc (OTCMKTS:EERGF) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 488,800 shares, a decline of 42.0% from the November 15th total of 842,800 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 1,629.3 days.

Energean Price Performance

OTCMKTS EERGF remained flat at $13.85 on Friday. The business has a 50 day simple moving average of $12.92 and a 200 day simple moving average of $13.02. Energean has a twelve month low of $11.84 and a twelve month high of $15.35.

Energean Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 6th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, December 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.66%.

Energean Company Profile

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.