Beach Energy Limited (OTCMKTS:BEPTF – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 367,960 shares, a decline of 35.2% from the September 30th total of 567,552 shares. Based on an average daily volume of 3,458 shares, the days-to-cover ratio is currently 106.4 days.
Beach Energy Trading Down 1.3%
OTCMKTS BEPTF opened at $0.64 on Tuesday. Beach Energy has a 52 week low of $0.55 and a 52 week high of $0.95. The business’s fifty day simple moving average is $0.61 and its 200-day simple moving average is $0.72.
About Beach Energy
Beach Energy Limited is an Australian oil and gas exploration and production company. The company explores for, develops and produces hydrocarbons, including natural gas, crude oil, condensate and liquefied petroleum gas (LPG), with a focus on supplying energy to the Australian market.
Beach Energy’s activities are centered on onshore and offshore assets in Australia, including operations in the Cooper Basin of South Australia and Queensland and the Otway Basin in South Australia and Victoria.
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