Energean plc (OTCMKTS:EERGF – Get Free Report) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 283,200 shares, an increase of 48.3% from the January 31st total of 191,000 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 944.0 days.
Energean Price Performance
OTCMKTS:EERGF opened at $13.22 on Wednesday. The business’s fifty day moving average price is $12.92 and its 200 day moving average price is $12.80. Energean has a 1-year low of $11.75 and a 1-year high of $15.35.
Energean Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be issued a $0.30 dividend. The ex-dividend date is Friday, March 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.08%.
About Energean
Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.
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