Carnarvon Energy Limited (OTCMKTS:CVONF) Short Interest Update

Carnarvon Energy Limited (OTCMKTS:CVONF) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 13,200 shares, an increase of 63.0% from the October 15th total of 8,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Carnarvon Energy Price Performance

Shares of CVONF remained flat at C$0.10 on Friday. The company has a 50 day moving average price of C$0.11 and a two-hundred day moving average price of C$0.12. Carnarvon Energy has a 12 month low of C$0.09 and a 12 month high of C$0.16.

About Carnarvon Energy

Carnarvon Energy Limited engages in the exploration, development, and production of oil and gas properties in Australia. It is also involved in the renewable fuels business. The company owns various interests in the Dorado, Pavo, Roc, Phoenix, and Phoenix South project located in the Bedout Sub-basin permits of Western Australia.