Short Interest in Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) Increases By 71.5%

Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOFGet Rating) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 2,312,300 shares, a growth of 71.5% from the April 15th total of 1,348,000 shares. Based on an average trading volume of 128,100 shares, the days-to-cover ratio is presently 18.1 days.

Shares of ECAOF opened at $0.40 on Friday. Eco has a 12-month low of $0.20 and a 12-month high of $0.75. The stock’s fifty day simple moving average is $0.45 and its 200-day simple moving average is $0.38.

Eco (Atlantic) Oil & Gas Company Profile (Get Rating)

Eco (Atlantic) Oil & Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties in the Republic of Namibia and Co-Operative Republic of Guyana. It operates through two segments, Oil and Gas Exploration, and Renewable Energy.

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