Jericho Energy Ventures Inc. (OTCMKTS:JROOF) Sees Large Increase in Short Interest

Jericho Energy Ventures Inc. (OTCMKTS:JROOF) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 14,600 shares, anincreaseof3,550.0% from the July 15th total of 400 shares. Based on an average daily volume of 127,300 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 127,300 shares, the short-interest ratio is currently 0.1 days.

Jericho Energy Ventures Stock Performance

OTCMKTS JROOF opened at $0.08 on Friday. Jericho Energy Ventures has a 52-week low of $0.06 and a 52-week high of $0.16. The company has a 50-day simple moving average of $0.10 and a 200 day simple moving average of $0.11.

About Jericho Energy Ventures

Jericho Energy Ventures Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in the United States. It also invests in hydrogen technologies, energy storage, carbon capture, and new energy systems. The company was formerly known as Jericho Oil Corporation and changed its name to Jericho Energy Ventures Inc in March 2021.