Jericho Energy Ventures Inc. (OTCMKTS:JROOF – Get Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 15,230 shares, a drop of 42.2% from the June 30th total of 26,339 shares. Based on an average trading volume of 238,474 shares, the short-interest ratio is currently 0.1 days.
Jericho Energy Ventures Stock Down 1.1%
Shares of Jericho Energy Ventures stock traded down $0.00 during trading on Friday, hitting $0.18. 6,915 shares of the stock were exchanged, compared to its average volume of 83,344. The company has a fifty day moving average price of $0.14 and a 200-day moving average price of $0.09. Jericho Energy Ventures has a 1-year low of $0.03 and a 1-year high of $0.25.
Jericho Energy Ventures Company Profile
Jericho Energy Ventures, Inc (OTCMKTS: JROOF) is an energy investment and production company focused on acquiring, operating and optimizing undervalued oil and gas assets across the United States. The company seeks to build a diversified portfolio of onshore producing properties, deploying capital and technical expertise to enhance recovery rates, extend well life and improve operational efficiency. By targeting non-core or underperforming assets, Jericho aims to unlock value through recompletions, workovers and infrastructure upgrades.
Jericho’s business model combines private-equity style asset selection with hands-on operational management.
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