88 Energy Limited (OTCMKTS:EEENF) Sees Significant Growth in Short Interest

88 Energy Limited (OTCMKTS:EEENF) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 4,084,400 shares, agrowthof1,144.5% from the July 15th total of 328,200 shares. Based on an average trading volume of 1,358,100 shares, the short-interest ratio is presently 3.0 days. Based on an average trading volume of 1,358,100 shares, the short-interest ratio is presently 3.0 days.

88 Energy Price Performance

88 Energy stock opened at $0.02 on Friday. 88 Energy has a twelve month low of $0.01 and a twelve month high of $0.05. The firm has a 50 day moving average price of $0.02 and a 200-day moving average price of $0.01.

About 88 Energy

88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia.