i3 Energy Plc (OTCMKTS:ITEEF) Sees Large Decline in Short Interest

i3 Energy Plc (OTCMKTS:ITEEF) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totalling 1,200 shares, a decline of 98.7% from the August 31st total of 92,700 shares. Based on an average daily volume of 539,700 shares, the days-to-cover ratio is currently 0.0 days.

i3 Energy Stock Performance

ITEEF remained flat at $0.17 on Friday. i3 Energy has a twelve month low of $0.09 and a twelve month high of $0.19. The business has a fifty day moving average price of $0.14 and a 200-day moving average price of $0.13.

i3 Energy Company Profile

i3 Energy Plc, a holding company, engages in the acquisition, development, and production of oil and gas assets in the United Kingdom and Canada. The company holds the 13/23c and 13/23d blocks in Liberator field; and 75% interest in the 13/23c-10 well in the Serenity field. Its production asset base consists of approximately 850 net conventional oil, natural gas, and natural gas liquids production wells in Central Alberta, Wapiti / Elmworth, Simonette, and the Clearwater play, Canada.