Short Interest in Orca Energy Group Inc. (OTCMKTS:ORXGF) Increases By 84.2%

Orca Energy Group Inc. (OTCMKTS:ORXGF) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 3,500 shares, a growth of 84.2% from the December 31st total of 1,900 shares. Based on an average daily trading volume, of 5,300 shares, the short-interest ratio is presently 0.7 days.

Orca Energy Group Price Performance

ORXGF opened at $2.08 on Friday. The business has a fifty day moving average price of $2.13 and a 200 day moving average price of $2.23. Orca Energy Group has a 12 month low of $1.82 and a 12 month high of $3.26.

Orca Energy Group Company Profile

Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020.