Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) Short Interest Update
by Amy Steele · The Cerbat GemHarbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY – Get Free Report) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 10,025 shares, a decline of 73.3% from the April 30th total of 37,487 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 33,881 shares, the short-interest ratio is presently 0.3 days.
Harbour Energy Price Performance
Shares of OTCMKTS:HBRIY opened at $3.70 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.04 and a debt-to-equity ratio of 0.79. Harbour Energy has a 12-month low of $2.37 and a 12-month high of $4.48. The business has a fifty day simple moving average of $3.92 and a 200 day simple moving average of $3.38.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group lowered Harbour Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold”.
View Our Latest Research Report on Harbour Energy
About Harbour Energy
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.