88 Energy Limited (OTCMKTS:EEENF) Short Interest Down 71.9% in August

88 Energy Limited (OTCMKTS:EEENF) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 7,422,000 shares, a decline of 71.9% from the August 15th total of 26,459,300 shares. Based on an average daily volume of 11,801,000 shares, the short-interest ratio is presently 0.6 days.

88 Energy Price Performance

Shares of OTCMKTS:EEENF remained flat at $0.00 during mid-day trading on Friday. The company had a trading volume of 3,455,914 shares, compared to its average volume of 10,538,415. 88 Energy has a fifty-two week low of $0.00 and a fifty-two week high of $0.01.

About 88 Energy

88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia.