Short Interest in Frontera Energy Co. (OTCMKTS:FECCF) Grows By 28.2%

Frontera Energy Co. (OTCMKTS:FECCF) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 266,200 shares, an increase of 28.2% from the February 28th total of 207,700 shares. Based on an average daily volume of 67,100 shares, the short-interest ratio is presently 4.0 days.

Frontera Energy Stock Down 3.2 %

OTCMKTS FECCF traded down $0.15 during trading on Wednesday, reaching $4.59. 2,548 shares of the company traded hands, compared to its average volume of 20,823. Frontera Energy has a 1-year low of $4.34 and a 1-year high of $7.30. The stock’s 50 day moving average price is $5.17 and its two-hundred day moving average price is $5.62.

Frontera Energy Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 16th. Shareholders of record on Thursday, April 3rd will be given a $0.0435 dividend. This represents a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, April 2nd.

About Frontera Energy

Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.