Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) Stock Short Interest Climbs 92.7%

Harbour Energy PLC Sponsored ADR (OTCMKTS:HBRIY) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 43,409 shares, a growth of 92.7% from the October 15th total of 22,526 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 70,731 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Ratings Changes

HBRIY has been the subject of several research reports. The Goldman Sachs Group upgraded Harbour Energy from a “hold” rating to a “buy” rating in a research note on Thursday, September 10th. Barclays reaffirmed an “overweight” rating on shares of Harbour Energy in a research note on Monday, October 5th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Harbour Energy Stock Up 3.6%

Shares of OTCMKTS:HBRIY traded up $0.13 during midday trading on Friday, hitting $3.71. 24,511 shares of the company’s stock were exchanged, compared to its average volume of 44,199. The company has a current ratio of 0.70, a quick ratio of 0.59 and a debt-to-equity ratio of 0.88. Harbour Energy has a 12 month low of $2.55 and a 12 month high of $4.48. The stock has a 50 day moving average price of $3.77 and a 200-day moving average price of $3.63.

Harbour Energy Company Profile

Harbour Energy plc is an independent oil and natural gas company headquartered in London. Its activities span the exploration, development and production of hydrocarbons, with a focus on operating and developing upstream assets. Founded in 2014, Harbour expanded through acquisitions, including its 2021 merger with Premier Oil. In 2024, it completed the acquisition of substantially all of Wintershall Dea’s upstream business, broadening its portfolio and geographic reach. The company’s assets and operations extend across regions including the UK North Sea, continental Europe, North Africa and Latin America.