Orca Energy Group Inc. (OTCMKTS:ORXGF) Sees Large Drop in Short Interest

Orca Energy Group Inc. (OTCMKTS:ORXGF – Get Free Report) saw a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 2 shares, a drop of 99.9% from the October 15th total of 3,396 shares. Based on an average daily trading volume, of 5,788 shares, the days-to-cover ratio is presently 0.0 days.

Orca Energy Group Stock Performance

Shares of ORXGF opened at $0.52 on Wednesday. Orca Energy Group has a 52 week low of $0.48 and a 52 week high of $3.75. The firm’s 50-day simple moving average is $1.45 and its 200 day simple moving average is $2.19.

About Orca Energy Group

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Orca Energy Group Inc. is an international natural gas company focused on the exploration, development, production, processing and sale of natural gas in Tanzania. Through its Tanzanian operations, the company supplies gas to customers in the power-generation, industrial and commercial sectors. The company’s principal asset is its interest in the Songo Songo gas field and related production, processing and transportation infrastructure. Its operations include gas processing facilities and pipeline systems that connect the field with customers in and around Dar es Salaam, supporting Tanzania’s domestic energy supply.

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