Harbour Energy plc (OTCMKTS:HBRIY – Get Rating) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 7,100 shares, a growth of 47.9% from the November 15th total of 4,800 shares. Based on an average trading volume of 18,600 shares, the days-to-cover ratio is presently 0.4 days.

Harbour Energy Stock Performance

HBRIY opened at $3.82 on Wednesday. The firm's fifty day moving average is $4.43 and its 200 day moving average is $4.69. Harbour Energy has a fifty-two week low of $3.56 and a fifty-two week high of $6.77.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on HBRIY. Berenberg Bank lowered their target price on shares of Harbour Energy from GBX 480 ($5.89) to GBX 320 ($3.93) in a research note on Friday, November 18th. Barclays lowered their target price on shares of Harbour Energy from GBX 675 ($8.28) to GBX 585 ($7.18) in a research note on Friday, November 18th.

About Harbour Energy

Harbour Energy plc, an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas reserves. It holds 124 license interests and 48 producing fields in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico.

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