Frontera Energy Co. (OTCMKTS:FECCF – Get Free Report) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 174,000 shares, an increase of 14.4% from the May 31st total of 152,100 shares. Based on an average daily trading volume, of 73,600 shares, the short-interest ratio is currently 2.4 days.
Frontera Energy Price Performance
Frontera Energy stock traded down $0.04 during trading hours on Monday, hitting $5.95. The company had a trading volume of 12,200 shares, compared to its average volume of 154,720. Frontera Energy has a 1 year low of $5.38 and a 1 year high of $9.12. The company has a 50-day moving average price of $6.36 and a two-hundred day moving average price of $6.15.
Frontera Energy Cuts Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, July 17th. Stockholders of record on Thursday, July 4th will be given a $0.0456 dividend. The ex-dividend date of this dividend is Wednesday, July 3rd. This represents a dividend yield of 3.05%.
About Frontera Energy
Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.
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