Afentra plc (OTCMKTS:STGAF) Sees Significant Increase in Short Interest

by · The Cerbat Gem

Afentra plc (OTCMKTS:STGAF – Get Free Report) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 4,791 shares, a growth of 417.4% from the November 30th total of 926 shares. Based on an average daily trading volume, of 3,214 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily trading volume, of 3,214 shares, the days-to-cover ratio is currently 1.5 days.

Afentra Price Performance

Shares of OTCMKTS STGAF opened at $0.48 on Friday. The company has a 50 day simple moving average of $0.55 and a two-hundred day simple moving average of $0.58. Afentra has a fifty-two week low of $0.48 and a fifty-two week high of $0.75.

About Afentra

(Get Free Report)

Afentra PLC (OTCMKTS: STGAF) is an independent upstream oil and gas exploration and production company with a portfolio of assets located in the UK Continental Shelf and the Norwegian North Sea. Headquartered in London, Afentra holds interests in a mix of producing fields and exploration licenses, targeting small to mid-sized opportunities that offer near-term cash flow potential and upside through resource maturation.

The company’s core business activities encompass field development, optimization of mature assets and ongoing exploration.

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