Short Interest in Pantheon Resources Plc (OTCMKTS:PTHRF) Drops By 52.5%

Pantheon Resources Plc (OTCMKTS:PTHRF) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 501,400 shares, a drop of 52.5% from the December 31st total of 1,054,500 shares. Based on an average trading volume of 1,126,300 shares, the days-to-cover ratio is currently 0.4 days.

Pantheon Resources Stock Performance

Shares of PTHRF stock traded down $0.02 during mid-day trading on Wednesday, hitting $0.60. The stock had a trading volume of 315,223 shares, compared to its average volume of 732,040. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.05. The company’s 50-day simple moving average is $0.39 and its 200-day simple moving average is $0.30. Pantheon Resources has a fifty-two week low of $0.19 and a fifty-two week high of $0.65.

Pantheon Resources Company Profile

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Alkaid project that covers that covers 40,000 acres located in Alaska; and the Kodiak project covering an area of approximately 124,000 acres located in Alaska.