Short Interest in Crew Energy Inc. (OTCMKTS:CWEGF) Decreases By 25.6%
decline of 28.9% from the May 15th total of 2,360,000 shares. Based on an average daily volume of 3,200,000 shares, the short-interest ratio is presently 0.5 days. Short interest in Crew Energy Inc. fell significantly in May. As of May 31st, there was short interest totalling 1,681,200 shares, a
( ) saw a notable decline in short interest throughout the month of may. On May 31, there were 1,681,200 shorted shares, which is a decrease of 25,6% compared to the total of 2,258,900 on May 15. The days-to-cover is 45.9 based on an average daily volume of 36,600 share.
Analyst Upgrades and downgrades
Several research analysts have recently published reports about the company. National Bank Financial lowered their price target for Crew Energy in a report published on Tuesday, 18th April from C$6.50 down to C$5.00. On Thursday, the stock rose $0.04 to $3.70. The stock was traded at 6,011 versus its average of 34,032. Crew Energy's 52-week low is $2.97, and its 52-week high is $5.37. The 50-day moving price of the company is $3.57, and its 200-day moving price is $3.68.
Crew Energy Company Profile
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Crew Energy Inc. is engaged in the exploration, production, and development of crude oil, gas, and NGLs in Canada. Its main properties are Montney oil-and-liquids-rich natural gases assets including Septimus West Septimus Groundbirch and Tower in northeast British Columbia.
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