Short Interest in Harbour Energy plc (OTCMKTS:HBRIY) Decreases By 54.1%

Harbour Energy plc (OTCMKTS:HBRIY) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 1,700 shares, a decrease of 54.1% from the September 15th total of 3,700 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is currently 1.0 days.

Several research analysts have weighed in on HBRIY shares. Zacks Investment Research downgraded shares of Harbour Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, September 28th. Berenberg Bank reaffirmed a “hold” rating on shares of Harbour Energy in a research note on Tuesday, June 29th. Finally, Canaccord Genuity reaffirmed a “buy” rating on shares of Harbour Energy in a research note on Monday, September 27th.

Shares of HBRIY stock remained flat at $$5.16 during trading hours on Thursday. 50 shares of the company were exchanged, compared to its average volume of 1,858. Harbour Energy has a 52-week low of $3.60 and a 52-week high of $10.50. The stock’s 50-day moving average is $5.14 and its 200-day moving average is $4.87.

About Harbour Energy

Harbour Energy Plc is an oil and gas company, which engages in the exploration and production of upstream oil and gas. It focuses its operations in Falkland Islands, Indonesia, Vietnam, the United Kingdom, Mexico, and Norway. The company was founded in 1934 and is headquartered in London, the United Kingdom.

Recommended Story: The limitations of an equal weight rating

Receive News & Ratings for Harbour Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harbour Energy and related companies with MarketBeat.com's FREE daily email newsletter.