Short Interest in Frontera Energy Co. (OTCMKTS:FECCF) Declines By 16.9%

Frontera Energy Co. (OTCMKTS:FECCF) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 156,700 shares, a decline of 16.9% from the March 31st total of 188,500 shares. Based on an average trading volume of 987,500 shares, the short-interest ratio is currently 0.2 days.

Frontera Energy Stock Performance

Shares of FECCF traded down $0.40 during mid-day trading on Tuesday, hitting $6.83. 26,008 shares of the company traded hands, compared to its average volume of 221,194. Frontera Energy has a 1-year low of $5.38 and a 1-year high of $9.49. The business has a 50 day moving average of $6.14 and a 200 day moving average of $6.37.

Frontera Energy Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, April 16th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.0464 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a yield of 3.13%.

About Frontera Energy

Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.