Short Interest in Prio S.A. (OTCMKTS:PTRRY) Drops By 17.9%

Prio S.A. (OTCMKTS:PTRRY) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 13,300 shares, a decline of 17.9% from the December 15th total of 16,200 shares. Based on an average trading volume of 14,400 shares, the days-to-cover ratio is currently 0.9 days.

Prio Stock Performance

Shares of PTRRY stock traded up C$0.04 on Friday, hitting C$7.10. The stock had a trading volume of 15,759 shares, compared to its average volume of 20,336. The business has a 50 day moving average price of C$6.87 and a 200 day moving average price of C$7.67. Prio has a one year low of C$6.32 and a one year high of C$10.20.

About Prio

Prio SA, together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro.