Vår Energi AS (OTCMKTS:VARRY – Get Free Report) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 5,926 shares, a decline of 42.3% from the November 30th total of 10,266 shares. Based on an average trading volume of 4,882 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 4,882 shares, the days-to-cover ratio is presently 1.2 days.
Vår Energi AS Price Performance
VARRY opened at $6.32 on Monday. The firm’s fifty day simple moving average is $6.48 and its two-hundred day simple moving average is $6.67. Vår Energi AS has a 52-week low of $5.01 and a 52-week high of $7.36.
Vår Energi AS Company Profile
Vår Energi AS is a Norway-based independent oil and gas exploration and production company listed on the OTC Markets (OTCMKTS: VARRY). Established in January 2018 through the merger of Eni Norge AS and Point Resources ASA, Vår Energi has rapidly become one of the largest operators on the Norwegian Continental Shelf. The company focuses on discovering, developing and producing hydrocarbons, with a portfolio that spans several prolific offshore fields.
The company’s operations are concentrated in the North Sea, the Norwegian Sea and the Barents Sea, where it holds interests in both operated and non-operated assets.
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