Canacol Energy Ltd (OTCMKTS:CNNEF) Short Interest Update

Canacol Energy Ltd (OTCMKTS:CNNEF) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decline of 50.0% from the December 31st total of 200 shares. Based on an average trading volume of 12,700 shares, the short-interest ratio is currently 0.0 days.

Canacol Energy Stock Down 3.8 %

OTCMKTS:CNNEF traded down $0.10 during midday trading on Wednesday, hitting $2.50. The stock had a trading volume of 6,769 shares, compared to its average volume of 1,454. The stock has a 50-day moving average of $2.65 and a 200 day moving average of $2.67. The company has a market capitalization of $85.30 million, a price-to-earnings ratio of 3.73 and a beta of 0.93. Canacol Energy has a one year low of $1.99 and a one year high of $4.85.

Canacol Energy (OTCMKTS:CNNEF) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.30 earnings per share (EPS) for the quarter. The firm had revenue of $94.54 million for the quarter.

About Canacol Energy

Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.