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Orca Energy Group Inc. (OTCMKTS:ORXGF) Sees Large Decrease in Short Interest

Defense World ·  Aug 26, 2022 13:21

Orca Energy Group Inc. (OTCMKTS:ORXGF – Get Rating) was the target of a significant decline in short interest during the month of August. As of August 15th, there was short interest totalling 100 shares, a decline of 66.7% from the July 31st total of 300 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is currently 0.0 days.

Orca Energy Group Stock Up 0.1 %

OTCMKTS:ORXGF opened at $3.86 on Friday. The stock's 50-day simple moving average is $3.91 and its 200 day simple moving average is $3.98. Orca Energy Group has a 52-week low of $3.50 and a 52-week high of $4.45.

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About Orca Energy Group

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Orca Energy Group Inc engages in the exploration, development, production, and sale of petroleum and natural gas to the power and industrial sectors in Tanzania. It principally holds interests in the Songo Songo natural gas field located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020.

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