Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) Sees Large Increase in Short Interest

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 8,979 shares, an increase of 75.7% from the November 30th total of 5,109 shares. Based on an average daily trading volume, of 4,717 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,717 shares, the days-to-cover ratio is presently 1.9 days.

Harbour Energy Price Performance

Shares of HBRIY opened at $2.77 on Friday. Harbour Energy has a twelve month low of $2.08 and a twelve month high of $3.83. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.93 and a current ratio of 1.00. The firm’s 50-day moving average is $2.89 and its two-hundred day moving average is $2.92.

About Harbour Energy

Harbour Energy PLC (OTCMKTS: HBRIY) is a London-based independent oil and gas exploration and production company formed in July 2021 through the merger of Premier Oil and Chrysaor. As the largest UK-listed E&P group by production, the company focuses on developing and operating a diversified portfolio of upstream assets to deliver long-term value through stable cash flow and disciplined capital allocation.

The company’s core business activities encompass the exploration, development and production of crude oil and natural gas.