Orca Energy Group Inc. (OTCMKTS:ORXGF) Short Interest Update

Orca Energy Group Inc. (OTCMKTS:ORXGF) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 1,900 shares, a growth of 1,800.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is presently 1.5 days.

Orca Energy Group Stock Performance

Orca Energy Group stock traded down $0.10 during midday trading on Friday, reaching $1.99. The company’s stock had a trading volume of 2,312 shares, compared to its average volume of 2,133. Orca Energy Group has a 52 week low of $1.82 and a 52 week high of $3.30. The business has a 50-day moving average price of $2.05 and a 200-day moving average price of $2.37.

About Orca Energy Group

Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres 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.