Short Interest in Harbour Energy plc (OTCMKTS:HBRIY) Increases By 8.2%

Harbour Energy plc (OTCMKTS:HBRIY) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 6,600 shares, a growth of 8.2% from the August 31st total of 6,100 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 7.3 days.

Harbour Energy Price Performance

Shares of HBRIY opened at $3.67 on Monday. Harbour Energy has a 12-month low of $2.80 and a 12-month high of $4.24. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.73 and a current ratio of 0.82. The stock’s 50-day moving average price is $3.75 and its 200 day moving average price is $3.77.

Harbour Energy Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, October 7th. Investors of record on Tuesday, August 20th will be paid a dividend of $0.1144 per share. The ex-dividend date of this dividend is Monday, August 19th. This represents a yield of 8.43%.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded Harbour Energy to a “strong-buy” rating in a research note on Friday, August 9th.

Harbour Energy Company Profile

Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves. The company holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. It is also involved in the decommissioning, financing, gas trading, and risk mitigation activities.