Short Interest in Challenger Energy Group PLC (OTCMKTS:BSHPF) Expands By 16.7%

Challenger Energy Group PLC (OTCMKTS:BSHPF) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 109,200 shares, an increase of 16.7% from the December 15th total of 93,600 shares. Based on an average daily trading volume, of 7,700 shares, the days-to-cover ratio is presently 14.2 days.

Challenger Energy Group Stock Performance

OTCMKTS BSHPF remained flat at $0.11 on Friday. Challenger Energy Group has a 52-week low of $0.03 and a 52-week high of $0.38. The business’s fifty day moving average price is $0.09 and its 200-day moving average price is $0.10.

About Challenger Energy Group

Challenger Energy Group PLC engages in the development, production, appraisal, and exploration of oil and gas properties. Its property portfolio consists of four producing fields in Trinidad and Tobago; a 100% working interest in AREA OFF-1 block and operates 14,557 square kilometers in Uruguay; 100% interest in four exploration licenses in the Bahamas; and a 100% interest in Weg naar Zee Project located in Suriname.