i3 Energy Plc (OTCMKTS:ITEEF – Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totalling 15,500 shares, an increase of 1,191.7% from the June 30th total of 1,200 shares. Based on an average daily volume of 21,600 shares, the short-interest ratio is currently 0.7 days.
i3 Energy Stock Performance
ITEEF stock opened at $0.13 on Friday. i3 Energy has a 1-year low of $0.09 and a 1-year high of $0.19. The business has a 50-day moving average price of $0.13 and a 200 day moving average price of $0.13.
i3 Energy Company Profile
i3 Energy Plc, a holding company, engages in the acquisition, development, and production of oil and gas assets in the United Kingdom and Canada. The company holds the 13/23c and 13/23d blocks in Liberator field; and 75% interest in the 13/23c-10 well in the Serenity field. Its production asset base consists of approximately 850 net conventional oil, natural gas, and natural gas liquids production wells in Central Alberta, Wapiti / Elmworth, Simonette, and the Clearwater play, Canada.
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