Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) Stock Short Interest Climbs 92.7%

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY – Get Free Report) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 43,409 shares, a growth of 92.7% from the October 15th total of 22,526 shares. Based on an average daily trading volume, of 70,731 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Harbour Energy Stock Performance

OTCMKTS:HBRIY traded up $0.13 during trading hours on Friday, reaching $3.71. The stock had a trading volume of 24,511 shares, compared to its average volume of 44,199. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.59 and a current ratio of 0.70. The stock has a 50 day simple moving average of $3.77 and a 200 day simple moving average of $3.63. Harbour Energy has a 12-month low of $2.55 and a 12-month high of $4.48.

Analyst Upgrades and Downgrades

HBRIY has been the topic of several recent analyst reports. The Goldman Sachs Group upgraded Harbour Energy from a “hold” rating to a “buy” rating in a research note on Thursday, September 10th. Barclays reiterated an “overweight” rating on shares of Harbour Energy in a research note on Monday, October 5th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Read Our Latest Analysis on Harbour Energy

About Harbour Energy

(Get Free Report)

Harbour Energy plc is an independent oil and natural gas company headquartered in London. Its activities span the exploration, development and production of hydrocarbons, with a focus on operating and developing upstream assets. Founded in 2014, Harbour expanded through acquisitions, including its 2021 merger with Premier Oil. In 2024, it completed the acquisition of substantially all of Wintershall Dea’s upstream business, broadening its portfolio and geographic reach. The company’s assets and operations extend across regions including the UK North Sea, continental Europe, North Africa and Latin America.

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