Short Interest in EnQuest PLC (OTCMKTS:ENQUF) Expands By 64.3%

EnQuest PLC (OTCMKTS:ENQUF) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 4,600 shares, a growth of 64.3% from the May 31st total of 2,800 shares. Based on an average trading volume of 6,700 shares, the short-interest ratio is currently 0.7 days.

EnQuest Price Performance

OTCMKTS:ENQUF remained flat at $0.17 on Friday. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.77 and a current ratio of 0.87. The business’s fifty day moving average is $0.19 and its two-hundred day moving average is $0.18. EnQuest has a 52 week low of $0.15 and a 52 week high of $0.22.

About EnQuest

EnQuest PLC operates as an oil and gas production and development company, explores, extracts, and produces hydrocarbons in the United Kingdom, North Sea, and Malaysia. It primarily holds interests in the Magnus, Kraken, Golden Eagle, Scolty/Crathes, Greater Kittiwake Area, and Alba; and PM8/Seligi projects.