U.S. Energy Corp. (NASDAQ:USEG) Short Interest Update

U.S. Energy Corp. (NASDAQ:USEG) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 30,600 shares, a drop of 67.4% from the November 15th total of 93,900 shares. Based on an average daily trading volume, of 132,700 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on U.S. Energy in a report on Wednesday, November 27th. They issued a “hold” rating for the company.

U.S. Energy Trading Down 0.6 %

NASDAQ USEG opened at $1.69 on Thursday. The stock has a market cap of $47.26 million, a PE ratio of -1.28 and a beta of 0.59. U.S. Energy has a twelve month low of $0.81 and a twelve month high of $1.91. The stock has a fifty day simple moving average of $1.55 and a 200-day simple moving average of $1.20.

U.S. Energy Company Profile

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.