Short Interest in Pine Cliff Energy Ltd. (OTCMKTS:PIFYF) Drops By 28.0%

Pine Cliff Energy Ltd. (OTCMKTS:PIFYF) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 241,500 shares, a decline of 28.0% from the June 30th total of 335,600 shares. Based on an average daily trading volume, of 30,800 shares, the days-to-cover ratio is currently 7.8 days.

Pine Cliff Energy Stock Down 1.4 %

Shares of PIFYF traded down $0.01 during mid-day trading on Monday, reaching $0.64. The company had a trading volume of 19,435 shares, compared to its average volume of 80,066. The stock has a 50 day moving average of $0.74 and a two-hundred day moving average of $0.80. Pine Cliff Energy has a 52-week low of $0.63 and a 52-week high of $1.22.

About Pine Cliff Energy

Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. The company primarily holds interest in oil and gas properties in the Viking and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas.