Frontera Energy Co. (OTCMKTS:FECCF – Get Free Report) was the target of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 224,600 shares, a decline of 5.2% from the January 15th total of 236,800 shares. Based on an average daily volume of 64,100 shares, the short-interest ratio is currently 3.5 days.
Frontera Energy Stock Down 0.4 %
Shares of Frontera Energy stock opened at $5.46 on Tuesday. The firm’s fifty day simple moving average is $5.81 and its 200-day simple moving average is $5.84. Frontera Energy has a 12 month low of $5.08 and a 12 month high of $7.30.
Frontera Energy Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, January 6th were paid a dividend of $0.0449 per share. The ex-dividend date of this dividend was Friday, January 3rd. This represents a dividend yield of 3%.
Frontera Energy Company Profile
Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.
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