Short Interest in Orca Energy Group Inc. (OTCMKTS:ORXGF) Increases By 400.0%

Orca Energy Group Inc. (OTCMKTS:ORXGF) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 500 shares, a growth of 400.0% from the October 31st total of 100 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is presently 0.3 days.

Orca Energy Group Stock Performance

Orca Energy Group stock remained flat at $2.05 during midday trading on Friday. 10 shares of the company traded hands, compared to its average volume of 2,114. The stock has a 50-day moving average of $2.14 and a two-hundred day moving average of $2.47. Orca Energy Group has a one year low of $1.82 and a one year high of $3.38.

Orca Energy Group Company Profile

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.