Short Interest in Orca Energy Group Inc. (OTCMKTS:ORXGF) Increases By 400.0%

Orca Energy Group Inc. (OTCMKTS:ORXGF) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 500 shares, an increase of 400.0% from the October 31st total of 100 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 0.3 days.

Orca Energy Group Stock Performance

Shares of ORXGF remained flat at $2.05 during mid-day trading on Friday. 10 shares of the stock were exchanged, compared to its average volume of 2,114. The stock’s 50 day moving average price is $2.14 and its two-hundred day moving average price is $2.47. Orca Energy Group has a 1 year low of $1.82 and a 1 year high of $3.38.

About Orca Energy Group

Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020.