Canacol Energy Ltd (OTCMKTS:CNNEF) Short Interest Update

Canacol Energy Ltd (OTCMKTS:CNNEF) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 6,600 shares, an increase of 340.0% from the October 31st total of 1,500 shares. Based on an average trading volume of 27,700 shares, the short-interest ratio is presently 0.2 days.

Canacol Energy Trading Down 1.5 %

CNNEF traded down $0.04 on Thursday, hitting $2.71. The company had a trading volume of 1,045 shares, compared to its average volume of 11,022. The firm has a market cap of $92.44 million, a P/E ratio of 4.04 and a beta of 0.86. Canacol Energy has a 1 year low of $1.99 and a 1 year high of $5.90. The company’s fifty day moving average price is $2.40 and its 200 day moving average price is $2.87.

Canacol Energy Company Profile

Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.