Prio S.A. (OTCMKTS:PTRRY) Short Interest Down 89.4% in June

Prio S.A. (OTCMKTS:PTRRY) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 26,010 shares, a decrease of 89.4% from the May 31st total of 246,131 shares. Based on an average daily trading volume, of 80,755 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Zacks Research raised Prio to a “hold” rating in a report on Monday, June 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Prio Stock Down 0.2%

OTCMKTS:PTRRY traded down C$0.02 during trading hours on Friday, hitting C$10.30. 4,165 shares of the stock were exchanged, compared to its average volume of 66,589. The company’s 50 day moving average is C$12.58 and its two-hundred day moving average is C$10.90. Prio has a twelve month low of C$6.52 and a twelve month high of C$14.37.

Prio Company Profile

Prio SA, together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia.