Short Interest in Orca Energy Group Inc. (OTCMKTS:ORXGF) Grows By 44.4%

Orca Energy Group Inc. (OTCMKTS:ORXGF – Get Rating) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 1,300 shares, a growth of 44.4% from the April 15th total of 900 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 0.4 days.

ORXGF remained flat at $$3.83 on Friday. Orca Energy Group has a twelve month low of $3.75 and a twelve month high of $4.95. The company has a 50 day simple moving average of $3.95 and a 200 day simple moving average of $4.06.

Orca Energy Group Company Profile (Get Rating)

Orca Energy Group Inc engages in the exploration, development, production, and sale of petroleum and natural gas to the power and industrial sectors in Tanzania. It principally holds interests in the Songo Songo natural gas field 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.

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