NuVista Energy Ltd. (OTCMKTS:NUVSF) Short Interest Update

NuVista Energy Ltd. (OTCMKTS:NUVSF) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 3,051,300 shares, an increase of 24.3% from the February 28th total of 2,454,500 shares. Based on an average trading volume of 122,200 shares, the days-to-cover ratio is currently 25.0 days.

Analyst Upgrades and Downgrades

Separately, ATB Capital raised NuVista Energy to an “outperform” rating in a report on Tuesday, March 25th.

NuVista Energy Price Performance

NUVSF stock traded up $0.07 during trading on Tuesday, reaching $9.57. 37,700 shares of the company were exchanged, compared to its average volume of 179,198. The company has a 50-day moving average of $8.81 and a two-hundred day moving average of $8.85. NuVista Energy has a twelve month low of $7.38 and a twelve month high of $10.85.

About NuVista Energy

NuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves.