Harbour Energy plc (OTCMKTS:PMOIF) Short Interest Down 22.8% in October

Harbour Energy plc (OTCMKTS:PMOIF) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,152,300 shares, a decline of 22.8% from the October 15th total of 1,493,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 11,523.0 days.

Harbour Energy Stock Performance

PMOIF stock remained flat at $3.31 during trading on Friday. Harbour Energy has a 1-year low of $2.77 and a 1-year high of $4.14. The company’s fifty day moving average is $3.51 and its two-hundred day moving average is $3.70.

Harbour Energy Company Profile

Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves. The company holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. It is also involved in the decommissioning, financing, gas trading, and risk mitigation activities.