Harbour Energy plc (OTCMKTS:HBRIY) Short Interest Update

Harbour Energy plc (OTCMKTS:HBRIY) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 5,600 shares, a decrease of 17.6% from the January 31st total of 6,800 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is presently 1.1 days.

Harbour Energy Stock Up 0.7 %

Shares of Harbour Energy stock traded up $0.02 during trading on Wednesday, hitting $2.85. 15,050 shares of the company’s stock traded hands, compared to its average volume of 3,542. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.81 and a quick ratio of 0.73. The firm’s fifty day moving average price is $3.13 and its 200 day moving average price is $3.37. Harbour Energy has a twelve month low of $2.83 and a twelve month high of $4.24.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered shares of Harbour Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th.

Harbour Energy Company Profile

Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves. The company holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. It is also involved in the decommissioning, financing, gas trading, and risk mitigation activities.