Yangarra Resources Ltd. (OTCMKTS:YGRAF) Sees Significant Increase in Short Interest

Yangarra Resources Ltd. (OTCMKTS:YGRAF) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 112,000 shares, an increase of 60.7% from the March 31st total of 69,700 shares. Based on an average trading volume of 76,900 shares, the days-to-cover ratio is presently 1.5 days.

Yangarra Resources Stock Up 1.0 %

Shares of OTCMKTS:YGRAF opened at $0.88 on Friday. The firm’s 50 day moving average price is $0.85 and its 200 day moving average price is $0.96. Yangarra Resources has a fifty-two week low of $0.79 and a fifty-two week high of $1.46.

About Yangarra Resources

Yangarra Resources Ltd., a junior oil and gas company, engages in the exploration, development, and production of oil and natural gas properties in Western Canada. The company focuses on the Cardium in Central Alberta. It also focuses on the Western Canadian Sedimentary basin. The company is headquartered in Calgary, Canada.