NuVista Energy Ltd. (OTCMKTS:NUVSF) Sees Significant Decline in Short Interest

NuVista Energy Ltd. (OTCMKTS:NUVSF) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,892,400 shares, a decrease of 68.3% from the December 31st total of 5,972,700 shares. Based on an average daily trading volume, of 136,100 shares, the short-interest ratio is presently 13.9 days.

NuVista Energy Price Performance

Shares of NUVSF traded down $0.19 during midday trading on Tuesday, reaching $9.08. The stock had a trading volume of 70,828 shares, compared to its average volume of 139,646. The company’s 50-day moving average is $9.46 and its 200 day moving average is $9.05. NuVista Energy has a 12-month low of $7.13 and a 12-month high of $10.85.

About NuVista Energy

NuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves.