Glori Energy Inc. (OTCMKTS:GLRI) Short Interest Down 98.0% in August

Glori Energy Inc. (OTCMKTS:GLRI) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 100 shares, a decrease of 98.0% from the August 15th total of 4,900 shares. Based on an average daily volume of 21,400 shares, the short-interest ratio is currently 0.0 days.

OTCMKTS:GLRI remained flat at $$0.00 during midday trading on Wednesday. 11,500 shares of the company were exchanged, compared to its average volume of 64,841. The business has a 50 day moving average of $0.01 and a two-hundred day moving average of $0.01. Glori Energy has a 52 week low of $0.00 and a 52 week high of $0.03.

About Glori Energy

Glori Energy Inc engages in oil and gas exploration activities. It is a technology focused energy company that deploys its proprietary biotechnology to facilitate the secondary production of oil. The company operates through three segments: Oil and Gas, AERO Services and Corporate. Glori Energy was founded on April 15, 2014 and is headquartered in Houston, Texas.

See Also: What’s a Black Swan?

Receive News & Ratings for Glori Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glori Energy and related companies with's FREE daily email newsletter.