Dejour Energy Sees Significant Drop in Short Interest (DEJ)
Dejour Energy (NYSE:DEJ) was the target of a large decline in short interest in August. As of August 15th, there was short interest totalling 198,834 shares, a decline of 74.2% from the July 31st total of 771,190 shares, Stock Ratings News reports. Based on an average daily trading volume, of 2,204,750 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.
Several analysts have recently commented on the stock. Analysts at Casimir Capital upgraded shares of Dejour Energy to a “buy” rating in a research note on Friday, August 8th.
Shares of Dejour Energy (NYSE:DEJ) opened at 0.2687 on Wednesday. Dejour Energy has a one year low of $0.09 and a one year high of $0.33. The stock’s 50-day moving average is $0.26 and its 200-day moving average is $0.22. The company’s market cap is $44.1 million.
Dejour Energy Inc is engaged in the business of acquiring, exploring and developing energy projects with a focus on oil and gas exploration in Canada and the United States.
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