Logan Energy Corp. (OTCMKTS:LOECF) Sees Significant Decline in Short Interest

Logan Energy Corp. (OTCMKTS:LOECF) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 773,700 shares, a decrease of 15.7% from the February 28th total of 917,900 shares. Based on an average daily volume of 46,600 shares, the days-to-cover ratio is currently 16.6 days.

Logan Energy Stock Performance

OTCMKTS LOECF opened at $0.46 on Wednesday. Logan Energy has a one year low of $0.41 and a one year high of $0.75. The company’s 50 day moving average price is $0.47 and its 200 day moving average price is $0.52.

Logan Energy Company Profile

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.