Afentra plc (OTCMKTS:STGAF) Sees Significant Growth in Short Interest

Afentra plc (OTCMKTS:STGAFGet Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 64,263 shares, an increase of 2,060.8% from the May 31st total of 2,974 shares. Based on an average daily trading volume, of 1,727 shares, the days-to-cover ratio is currently 37.2 days.

Afentra Price Performance

Shares of OTCMKTS:STGAF remained flat at $0.85 during trading on Thursday. 54 shares of the stock were exchanged, compared to its average volume of 9,975. The firm’s fifty day moving average is $0.99 and its two-hundred day moving average is $0.79. Afentra has a twelve month low of $0.48 and a twelve month high of $1.09.

Afentra Company Profile

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Afentra PLC (OTCMKTS: STGAF) is an independent upstream oil and gas exploration and production company with a portfolio of assets located in the UK Continental Shelf and the Norwegian North Sea. Headquartered in London, Afentra holds interests in a mix of producing fields and exploration licenses, targeting small to mid-sized opportunities that offer near-term cash flow potential and upside through resource maturation.

The company’s core business activities encompass field development, optimization of mature assets and ongoing exploration.

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