88 Energy Limited (OTCMKTS:EEENF) Shares Shorted: Short Interest Down 38.3% in September

88 Energy Limited (OTCMKTS:EEENF) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 694,711 shares, a decline of 38.3% from the August 31st total of 1,126,494 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,092,601 shares, the short-interest ratio is presently 0.6 days.

88 Energy Price Performance

Shares of 88 Energy stock traded up $0.00 during trading hours on Thursday, hitting $0.01. 87,707 shares of the company were exchanged, compared to its average volume of 657,111. The business has a 50-day moving average of $0.01 and a 200-day moving average of $0.02. 88 Energy has a 1 year low of $0.01 and a 1 year high of $0.03.

About 88 Energy

88 Energy Ltd. is an Australian oil and gas exploration company focused primarily on identifying and developing hydrocarbon resources in Alaska. The company’s activities include acquiring exploration acreage, conducting geological and geophysical studies, drilling appraisal and exploration wells, and evaluating potential oil and natural gas discoveries.

The company’s principal assets and projects have historically been located on Alaska’s North Slope, an established petroleum-producing region.