Short Interest in Beach Energy Limited (OTCMKTS:BEPTF) Expands By 78.2%

Beach Energy Limited (OTCMKTS:BEPTF) saw a significant growth in short interest in June. As of June 30th, there was short interest totalling 4,155,700 shares, a growth of 78.2% from the June 15th total of 2,332,300 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 10,389.3 days.

Beach Energy Price Performance

Shares of Beach Energy stock remained flat at $0.99 during midday trading on Friday. Beach Energy has a 52 week low of $0.92 and a 52 week high of $1.24. The stock has a 50 day simple moving average of $1.05 and a 200 day simple moving average of $1.08.

Beach Energy Company Profile

Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.