i3 Energy Plc (OTCMKTS:ITEEF) Short Interest Update

i3 Energy Plc (OTCMKTS:ITEEF) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 14,400 shares, a decline of 90.9% from the February 29th total of 158,500 shares. Based on an average daily trading volume, of 60,300 shares, the short-interest ratio is currently 0.2 days.

i3 Energy Stock Performance

Shares of i3 Energy stock traded up $0.01 during trading hours on Friday, reaching $0.15. The company’s stock had a trading volume of 50,000 shares, compared to its average volume of 72,372. The firm has a 50 day moving average price of $0.12 and a 200-day moving average price of $0.13. i3 Energy has a one year low of $0.09 and a one year high of $0.27.

About i3 Energy

i3 Energy Plc, a holding company, engages in the acquisition, development, and production of oil and gas assets in the United Kingdom and Canada. The company owns interest in the 13/23c and 13/23d blocks of Liberator oil field; and 75% interest in the 13/23c-10 well in the Serenity oil field. It also owns working interest in Central Alberta, Wapiti / Elmworth, Simonette, and the Clearwater play properties.