Dno Asa (OTCMKTS:DTNOF) Sees Significant Drop in Short Interest

Dno Asa (OTCMKTS:DTNOF) saw a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 2,123 shares, a decrease of 99.1% from the October 15th total of 237,224 shares. Based on an average daily volume of 2,455 shares, the days-to-cover ratio is currently 0.9 days.

Dno Asa Price Performance

OTCMKTS DTNOF remained flat at $2.07 during trading on Tuesday. 4,790 shares of the company’s stock traded hands, compared to its average volume of 7,763. Dno Asa has a twelve month low of $1.40 and a twelve month high of $2.50. The firm’s 50 day moving average price is $2.12 and its 200 day moving average price is $1.93.

Dno Asa Company Profile

DNO ASA is a Norwegian oil and gas company engaged in the exploration, development and production of hydrocarbons. The company has an international portfolio focused primarily on the Kurdistan region of Iraq and the Norwegian Continental Shelf. In Kurdistan, DNO operates interests in the Tawke and Peshkabir fields, which are among its principal producing assets. The company is also involved in exploration, development and production activities through a portfolio of licenses and partnerships in the North Sea.