Serica Energy plc (OTCMKTS:SQZZF – Get Free Report) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 266,812 shares, a decrease of 39.7% from the February 26th total of 442,431 shares. Based on an average daily volume of 5,156 shares, the short-interest ratio is currently 51.7 days.
Serica Energy Price Performance
OTCMKTS SQZZF opened at $3.28 on Friday. Serica Energy has a 1-year low of $1.17 and a 1-year high of $3.30. The firm’s fifty day simple moving average is $2.53 and its 200-day simple moving average is $2.41.
About Serica Energy
Serica Energy plc (OTCMKTS:SQZZF) is an independent oil and gas exploration and production company with a primary focus on assets in the United Kingdom Continental Shelf (UKCS) and a strategic interest in the Fortuna FLNG development in Equatorial Guinea. Founded in 2006 and listed on the London Stock Exchange in 2007, Serica has built a portfolio of interests in mature producing fields and growth opportunities. The company’s operating model centers on low-cost, infrastructure-led acquisitions and disciplined operational management.
Serica holds material stakes in several key North Sea assets.
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