Serica Energy plc (OTCMKTS:SQZZF) Short Interest Up 99.9% in October

Serica Energy plc (OTCMKTS:SQZZF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 228,500 shares, an increase of 99.9% from the October 15th total of 114,300 shares. Based on an average daily volume of 5,300 shares, the short-interest ratio is currently 43.1 days.

Serica Energy Stock Performance

Shares of Serica Energy stock remained flat at $1.62 during trading on Wednesday. The firm’s 50-day moving average price is $1.70 and its 200-day moving average price is $1.90. Serica Energy has a 1-year low of $1.31 and a 1-year high of $3.30.

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.