Frontera Energy Co. (OTCMKTS:FECCF) Sees Large Decline in Short Interest

Frontera Energy Co. (OTCMKTS:FECCF) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totalling 66,700 shares, a drop of 55.4% from the September 15th total of 149,500 shares. Based on an average daily volume of 21,800 shares, the days-to-cover ratio is presently 3.1 days.

Shares of FECCF stock traded up $0.08 during trading hours on Thursday, reaching $6.71. The company’s stock had a trading volume of 19,823 shares, compared to its average volume of 15,610. The firm’s 50 day simple moving average is $5.69 and its 200-day simple moving average is $5.51. Frontera Energy has a fifty-two week low of $1.53 and a fifty-two week high of $7.07.

About Frontera Energy

Frontera Energy Corp. engages in the exploration, development, and production of crude oil and natural gas. It operates through the following segments: Colombia, Peru, and Midstream. The Colombia segment includes all upstream business activities of exploration and production in Colombia. The Peru segment involves the upstream business activities of exploration and production in Peru.

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