Frontera Energy Co. (OTCMKTS:FECCF – Get Free Report) saw a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 224,600 shares, a decrease of 5.2% from the January 15th total of 236,800 shares. Based on an average daily volume of 64,100 shares, the days-to-cover ratio is currently 3.5 days.
Frontera Energy Stock Down 0.9 %
Frontera Energy stock opened at $5.47 on Thursday. Frontera Energy has a 12 month low of $5.08 and a 12 month high of $7.30. The stock’s 50 day moving average is $5.81 and its 200-day moving average is $5.84.
Frontera Energy Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, January 6th were given a $0.0449 dividend. This represents a dividend yield of 3%. The ex-dividend date was Friday, January 3rd.
About Frontera Energy
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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