Archer Limited (OTCMKTS:ARHVF) Short Interest Update

Archer Limited (OTCMKTS:ARHVF) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 200 shares, a growth of 100.0% from the December 31st total of 100 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 1.0 days.

Archer Price Performance

Shares of OTCMKTS:ARHVF opened at $2.43 on Friday. The stock’s 50 day moving average is $2.21 and its 200-day moving average is $2.24. Archer has a twelve month low of $1.75 and a twelve month high of $3.00.

Archer Company Profile

Archer Limited, together with its subsidiaries, provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. The company operates in three segments: Platform Operations, Well Services, and Land Drilling. It provides oil tools, wireline services, and coil tubing and pumping services, as well as well construction and completion, well intervention and workover, slot recovery, well plug and abandonment, and surface, geothermal, and CCUS applications.