Short Interest in Eagleford Energy Inc. (OTCMKTS:GRUSF) Expands By 576.1%

Eagleford Energy Inc. (OTCMKTS:GRUSF) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 427,605 shares, a growth of 576.1% from the May 14th total of 63,244 shares. Based on an average daily trading volume, of 1,046,549 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

Eagleford Energy Stock Up 5.2%

Shares of OTCMKTS:GRUSF traded up $0.02 during midday trading on Thursday, hitting $0.47. The stock had a trading volume of 79,180 shares, compared to its average volume of 216,906. Eagleford Energy has a 12 month low of $0.27 and a 12 month high of $0.52. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.99 and a quick ratio of 2.13. The business’s 50-day simple moving average is $0.37 and its 200-day simple moving average is $0.37.

Eagleford Energy (OTCMKTS:GRUSF) last released its earnings results on Tuesday, May 12th. The company reported ($0.01) earnings per share for the quarter. Eagleford Energy had a negative net margin of 1.54% and a negative return on equity of 2.04%. The firm had revenue of $9.16 million during the quarter.

Eagleford Energy Company Profile

Grown Rogue International Inc, together with its subsidiaries, produces and sells cannabis products in the United States. It offers a range of cultivars for consumers, such as indicas, sativas, and hybrids; strain-specific prepackaged flowers; and pre-roll pack products, as well as provides consulting services. The company sells its products through direct-to-retail delivery and third-party delivery, wholesalers, and processors. Grown Rogue International Inc is headquartered in Medford, Oregon.