Archer Limited (OTCMKTS:ARHVF) Short Interest Update

Archer Limited (OTCMKTS:ARHVF) was the target of a large drop in short interest during the month of August. As of August 15th, there was short interest totaling 100 shares, adropof98.8% from the July 31st total of 8,200 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 0.1 days.

Archer Price Performance

OTCMKTS ARHVF opened at $2.48 on Wednesday. The business’s 50 day moving average price is $2.29 and its 200-day moving average price is $2.21. Archer has a fifty-two week low of $1.63 and a fifty-two week high of $2.60.

About Archer

Archer Limited, together with its subsidiaries, provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. The company operates in three segments: Platform Operations, Well Services, and Land Drilling. It provides oil tools, wireline services, and coil tubing and pumping services, as well as well construction and completion, well intervention and workover, slot recovery, well plug and abandonment, and surface, geothermal, and CCUS applications.