Frontera Energy Co. (OTCMKTS:FECCF) Short Interest Update

Frontera Energy Co. (OTCMKTS:FECCF – Get Rating) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 108,200 shares, an increase of 10.3% from the February 13th total of 98,100 shares. Based on an average daily volume of 71,500 shares, the days-to-cover ratio is presently 1.5 days.

Analyst Ratings Changes

Separately, Canaccord Genuity Group decreased their target price on Frontera Energy from C$19.00 to C$16.00 and set a “buy” rating for the company in a research note on Tuesday, December 13th.

Frontera Energy Stock Up 1.2 %

FECCF opened at $8.97 on Wednesday. Frontera Energy has a 52 week low of $6.79 and a 52 week high of $12.45. The business’s 50 day moving average is $9.09 and its two-hundred day moving average is $8.37.

About Frontera Energy

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Frontera Energy Corp. engages in the exploration, development, and production of crude oil and natural gas. It operates through the following segments: Colombia, Peru, and Midstream. The Colombia segment includes all upstream business activities of exploration and production in Colombia. The Peru segment involves the upstream business activities of exploration and production in Peru.