Pioneer Oil and Gas (OTCMKTS:POGS) Short Interest Up 200.0% in December

Pioneer Oil and Gas (OTCMKTS:POGSGet Free Report) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,700 shares, an increase of 200.0% from the November 30th total of 900 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 4.5 days.

Pioneer Oil and Gas Price Performance

Shares of Pioneer Oil and Gas stock remained flat at $0.18 during midday trading on Thursday. Pioneer Oil and Gas has a 12 month low of $0.07 and a 12 month high of $0.21. The business has a 50 day moving average price of $0.16 and a 200 day moving average price of $0.16.

About Pioneer Oil and Gas

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Pioneer Oil and Gas engages in acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States. The company was founded in 1980 and is based in South Jordan, Utah.

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