Athabasca Oil Co. (OTCMKTS:ATHOF) Short Interest Update

Athabasca Oil Co. (OTCMKTS:ATHOF) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 7,528,800 shares, a decline of 7.1% from the October 15th total of 8,105,400 shares. Based on an average daily volume of 190,100 shares, the short-interest ratio is presently 39.6 days.

Athabasca Oil Stock Up 2.2 %

ATHOF opened at $3.64 on Tuesday. Athabasca Oil has a twelve month low of $2.46 and a twelve month high of $4.19. The company has a fifty day simple moving average of $3.71 and a 200 day simple moving average of $3.75.

Analyst Ratings Changes

Separately, Raymond James started coverage on shares of Athabasca Oil in a research note on Friday, October 18th. They set a “market perform” rating and a $5.50 target price on the stock.

Athabasca Oil Company Profile

Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates through Thermal Oil and Light Oil segments. The company's principal properties are in the Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer/Corner, Hangingstone, and Dover West projects located in the Athabasca region of northeastern Alberta.