Short Interest in Frontera Energy Co. (OTCMKTS:FECCF) Rises By 14.4%

Frontera Energy Co. (OTCMKTS:FECCFGet 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

(Get Free Report)

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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