Short Interest in Frontera Energy Co. (OTCMKTS:FECCF) Expands By 54.4%

Frontera Energy Co. (OTCMKTS:FECCF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 347,500 shares, an increase of 54.4% from the February 29th total of 225,000 shares. Based on an average daily trading volume, of 59,000 shares, the days-to-cover ratio is currently 5.9 days.

Frontera Energy Price Performance

FECCF traded up $0.06 during trading on Friday, hitting $6.10. 6,365,736 shares of the company’s stock were exchanged, compared to its average volume of 124,742. The stock has a 50 day moving average price of $5.98 and a 200 day moving average price of $6.58. Frontera Energy has a 1 year low of $5.38 and a 1 year high of $10.66.

Frontera Energy Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 16th. Stockholders of record on Tuesday, April 2nd will be given a dividend of $0.0464 per share. The ex-dividend date is Monday, April 1st. This represents a dividend yield of 3.13%.

Frontera Energy Company Profile

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.