Gear Energy Ltd. (OTCMKTS:GENGF) Short Interest Up 63.2% in December

Gear Energy Ltd. (OTCMKTS:GENGF) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 976,700 shares, a growth of 63.2% from the December 15th total of 598,400 shares. Based on an average daily volume of 666,700 shares, the short-interest ratio is presently 1.5 days.

Gear Energy Stock Performance

Shares of OTCMKTS:GENGF traded down $0.01 during trading on Friday, reaching $0.34. The stock had a trading volume of 10,564 shares, compared to its average volume of 97,256. The business has a fifty day moving average price of $0.36 and a 200-day moving average price of $0.43. Gear Energy has a fifty-two week low of $0.32 and a fifty-two week high of $0.58.

Gear Energy Company Profile

Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan.