Eagleford Energy Inc. (OTCMKTS:GRUSF) Sees Large Decrease in Short Interest

Eagleford Energy Inc. (OTCMKTS:GRUSF) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 217,408 shares, a drop of 49.2% from the May 31st total of 427,605 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 386,064 shares, the days-to-cover ratio is currently 0.6 days.

Eagleford Energy Stock Performance

Shares of GRUSF opened at $0.41 on Tuesday. The company has a quick ratio of 2.13, a current ratio of 2.99 and a debt-to-equity ratio of 0.43. The firm’s 50 day moving average is $0.40 and its 200-day moving average is $0.38. Eagleford Energy has a 12-month low of $0.27 and a 12-month high of $0.52.

Eagleford Energy (OTCMKTS:GRUSF) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $9.16 million for the quarter. Eagleford Energy had a negative return on equity of 2.04% and a negative net margin of 1.54%.

Eagleford Energy Company Profile

Grown Rogue International Inc, together with its subsidiaries, produces and sells cannabis products in the United States. It offers a range of cultivars for consumers, such as indicas, sativas, and hybrids; strain-specific prepackaged flowers; and pre-roll pack products, as well as provides consulting services. The company sells its products through direct-to-retail delivery and third-party delivery, wholesalers, and processors. Grown Rogue International Inc is headquartered in Medford, Oregon.