Short Interest in Afentra plc (OTCMKTS:STGAF) Increases By 231.2%

Afentra plc (OTCMKTS:STGAF) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 12,800 shares, a growth of 231.2% from the February 26th total of 3,865 shares. Based on an average daily volume of 37,426 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 37,426 shares, the days-to-cover ratio is presently 0.3 days.

Afentra Trading Up 5.1%

Shares of OTCMKTS:STGAF opened at $1.03 on Wednesday. The firm’s 50 day moving average price is $0.68 and its 200-day moving average price is $0.62. Afentra has a twelve month low of $0.48 and a twelve month high of $1.03.

Afentra Company Profile

Afentra PLC (OTCMKTS: STGAF) is an independent upstream oil and gas exploration and production company with a portfolio of assets located in the UK Continental Shelf and the Norwegian North Sea. Headquartered in London, Afentra holds interests in a mix of producing fields and exploration licenses, targeting small to mid-sized opportunities that offer near-term cash flow potential and upside through resource maturation.

The company’s core business activities encompass field development, optimization of mature assets and ongoing exploration.