Logan Energy Corp. (OTCMKTS:LOECF) Short Interest Down 12.7% in February

Logan Energy Corp. (OTCMKTS:LOECF) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 930,600 shares, a drop of 12.7% from the January 31st total of 1,065,900 shares. Based on an average trading volume of 25,800 shares, the short-interest ratio is currently 36.1 days.

Logan Energy Stock Performance

Shares of OTCMKTS:LOECF opened at $0.43 on Friday. The firm has a 50 day simple moving average of $0.48 and a 200-day simple moving average of $0.54. Logan Energy has a twelve month low of $0.41 and a twelve month high of $0.75.

About Logan Energy

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.