Pioneer Oil and Gas (OTCMKTS:POGS) Sees Large Increase in Short Interest

Pioneer Oil and Gas (OTCMKTS:POGS) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 2,700 shares, a growth of 200.0% from the November 30th total of 900 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 4.5 days.

Pioneer Oil and Gas Stock Performance

OTCMKTS:POGS remained flat at $0.18 on Friday. Pioneer Oil and Gas has a 12-month low of $0.07 and a 12-month high of $0.21. The business’s fifty day moving average price is $0.16 and its 200-day moving average price is $0.16.

Pioneer Oil and Gas Company Profile

Pioneer Oil and Gas engages in acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States. The company was founded in 1980 and is based in South Jordan, Utah.