Short Interest in Challenger Energy Group PLC (OTCMKTS:BSHPF) Increases By 16.7%

Challenger Energy Group PLC (OTCMKTS:BSHPF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 109,200 shares, an increase of 16.7% from the December 15th total of 93,600 shares. Based on an average trading volume of 7,700 shares, the days-to-cover ratio is currently 14.2 days.

Challenger Energy Group Stock Performance

Challenger Energy Group stock remained flat at $0.11 during midday trading on Friday. The business has a 50 day simple moving average of $0.09 and a 200-day simple moving average of $0.10. Challenger Energy Group has a 12 month low of $0.03 and a 12 month high of $0.38.

About Challenger Energy Group

Challenger Energy Group PLC engages in the development, production, appraisal, and exploration of oil and gas properties. Its property portfolio consists of four producing fields in Trinidad and Tobago; a 100% working interest in AREA OFF-1 block and operates 14,557 square kilometers in Uruguay; 100% interest in four exploration licenses in the Bahamas; and a 100% interest in Weg naar Zee Project located in Suriname.