Challenger Energy Group PLC (OTCMKTS:BSHPF) Sees Significant Growth in Short Interest

Challenger Energy Group PLC (OTCMKTS:BSHPF) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 18,700 shares, a growth of 592.6% from the March 15th total of 2,700 shares. Based on an average daily trading volume, of 3,800 shares, the short-interest ratio is presently 4.9 days.

Challenger Energy Group Stock Performance

Shares of BSHPF stock remained flat at $0.12 during mid-day trading on Wednesday. The stock’s 50-day simple moving average is $0.12 and its two-hundred day simple moving average is $0.11. Challenger Energy Group has a twelve month low of $0.07 and a twelve month high of $0.38.

Challenger Energy Group Company Profile

Challenger Energy Group PLC engages in the development, production, appraisal, and exploration of oil and gas properties. Its property portfolio consists of four producing fields in Trinidad and Tobago; a 100% working interest in AREA OFF-1 block and operates 14,557 square kilometers in Uruguay; 100% interest in four exploration licenses in the Bahamas; and a 100% interest in Weg naar Zee Project located in Suriname.