Short Interest in Japan Petroleum Exploration Co., Ltd. (OTCMKTS:JPTXF) Decreases By 70.1%

Japan Petroleum Exploration Co., Ltd. (OTCMKTS:JPTXF) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 28,162 shares, a decline of 70.1% from the May 14th total of 94,115 shares. Based on an average daily trading volume, of 1 shares, the days-to-cover ratio is presently 28,162.0 days.

Japan Petroleum Exploration Price Performance

JPTXF remained flat at $13.75 during trading on Friday. The business has a fifty day simple moving average of $14.40 and a 200-day simple moving average of $12.96. Japan Petroleum Exploration has a 1-year low of $8.50 and a 1-year high of $18.15.

About Japan Petroleum Exploration

Japan Petroleum Exploration Co, Ltd., together with its subsidiaries, explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East. It also owns and manages a gas pipeline network; and provides underground CO2 storage. In addition, the company is involved in well drilling contracting business; manufacturing and selling petroleum products; insurance agency activities; and sale and contracted transportation of crude oil. Further, it engages in the geological survey contracting services; geophysical exploration work, technology development, logging, and mud-logging contracting; purchase and sale of LNG, petroleum gas, etc.; development of solar, wind, geothermal, biomass, and other renewable energy sources; real estate management; and operation and commissioning of natural power plants.