Gear Energy Ltd. (OTCMKTS:GENGF) Short Interest Up 63.2% in December

Gear Energy Ltd. (OTCMKTS:GENGF) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 976,700 shares, an increase of 63.2% from the December 15th total of 598,400 shares. Based on an average daily trading volume, of 666,700 shares, the short-interest ratio is currently 1.5 days.

Gear Energy Trading Down 1.6 %

Gear Energy stock traded down $0.01 during mid-day trading on Friday, reaching $0.34. The company had a trading volume of 10,564 shares, compared to its average volume of 97,256. The stock’s 50-day simple moving average is $0.36 and its 200-day simple moving average is $0.43. Gear Energy has a 1 year low of $0.32 and a 1 year high of $0.58.

Gear Energy Company Profile

Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan.