Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) Short Interest Up 1,772.9% in March

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIYGet Free Report) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 359,394 shares, a growth of 1,772.9% from the February 26th total of 19,189 shares. Based on an average daily volume of 335,387 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 335,387 shares, the days-to-cover ratio is presently 1.1 days.

Harbour Energy Stock Down 2.3%

OTCMKTS:HBRIY traded down $0.09 during mid-day trading on Tuesday, hitting $3.91. 27,909 shares of the company’s stock were exchanged, compared to its average volume of 102,207. Harbour Energy has a fifty-two week low of $2.08 and a fifty-two week high of $4.48. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.80. The company has a 50 day simple moving average of $3.40 and a 200-day simple moving average of $3.07.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded Harbour Energy from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Harbour Energy has a consensus rating of “Hold”.

View Our Latest Stock Analysis on Harbour Energy

Harbour Energy Company Profile

(Get Free Report)

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.

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