Pantheon Resrcs (OTCMKTS:PTHRF) Short Interest Up 27.3% in December

Pantheon Resrcs (OTCMKTS:PTHRF) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 686,517 shares, an increase of 27.3% from the December 15th total of 539,353 shares. Based on an average daily trading volume, of 5,916,613 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 5,916,613 shares, the days-to-cover ratio is presently 0.1 days.

Pantheon Resrcs Stock Performance

Shares of Pantheon Resrcs stock opened at $0.10 on Monday. Pantheon Resrcs has a 1 year low of $0.09 and a 1 year high of $0.94. The company’s fifty day simple moving average is $0.23 and its 200-day simple moving average is $0.31.

Pantheon Resrcs Company Profile

Pantheon Resources Ltd. is an independent oil and gas exploration and appraisal company that focuses on upstream activities in emerging frontier basins. The company acquires and evaluates exploration licenses, undertakes seismic surveys and environmental studies, and plans and executes drilling programs to assess hydrocarbon potential. Its core objective is to advance early-stage exploration projects to the point of commercial discovery or farm-out.

Pantheon Resources holds a portfolio of offshore and onshore licenses in the Republic of Georgia, awarded by the Georgian Ministry of Economy and Sustainable Development.