Short Interest in Crew Energy Inc. (OTCMKTS:CWEGF) Drops By 15.7%

Crew Energy Inc. (OTCMKTS:CWEGF) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 1,234,700 shares, a drop of 15.7% from the August 15th total of 1,465,500 shares. Based on an average daily volume of 219,200 shares, the days-to-cover ratio is presently 5.6 days.

Crew Energy Price Performance

Shares of OTCMKTS:CWEGF traded up $0.02 during trading hours on Monday, hitting $4.97. The stock had a trading volume of 29,000 shares, compared to its average volume of 62,495. Crew Energy has a 1-year low of $2.61 and a 1-year high of $5.35. The stock’s fifty day simple moving average is $4.01 and its 200 day simple moving average is $3.54.

About Crew Energy

Crew Energy Inc engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGL) in Canada. The company's principal properties include Montney oil and liquids-rich natural gas assets comprising Septimus, West Septimus, Groundbirch, and Monias and Tower located in the northeast British Columbia.