Short Interest in 88 Energy Limited (OTCMKTS:EEENF) Grows By 31.3%

88 Energy Limited (OTCMKTS:EEENF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 9,506,200 shares, a growth of 31.3% from the May 31st total of 7,240,900 shares. Based on an average trading volume of 18,996,200 shares, the days-to-cover ratio is currently 0.5 days.

88 Energy Price Performance

OTCMKTS EEENF remained flat at $0.00 during mid-day trading on Monday. The company had a trading volume of 4,819,037 shares, compared to its average volume of 12,167,557. 88 Energy has a 12-month low of $0.00 and a 12-month high of $0.01.

About 88 Energy

88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia.