Chariot Limited (OTCMKTS:OIGLF – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,985,048 shares, a growth of 3,736.0% from the June 15th total of 51,748 shares. Based on an average trading volume of 1,675,014 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.1% of the company’s shares are short sold.
Chariot Price Performance
OIGLF stock remained flat at $0.03 during trading on Friday. The company’s stock had a trading volume of 1,000,000 shares, compared to its average volume of 779,802. The firm has a market cap of $94.62 million and a price-to-earnings ratio of -0.02. The firm’s 50-day simple moving average is $0.02 and its 200 day simple moving average is $0.02. Chariot has a 1 year low of $0.00 and a 1 year high of $0.07.
About Chariot
Chariot is an independent oil and gas exploration and production company headquartered in London. The company’s principal activities involve the identification, acquisition and appraisal of upstream hydrocarbon assets in frontier and emerging basins. Chariot’s portfolio has historically included interests in North-West Africa, with licences in Morocco’s Tangier and Gharb Basins as well as offshore opportunities in Equatorial Guinea.
Since its founding in 2012, Chariot has focused on creating value through exploration drilling, seismic evaluation and farm-out partnerships with international energy firms.
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