Dno Asa (OTCMKTS:DTNOF) Sees Significant Drop in Short Interest

Dno Asa (OTCMKTS:DTNOF) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 11,383,500 shares, a drop of 8.2% from the March 31st total of 12,400,000 shares. Based on an average trading volume of 8,900 shares, the short-interest ratio is currently 1,279.0 days.

Dno Asa Stock Performance

Dno Asa stock remained flat at $0.99 during trading hours on Tuesday. Dno Asa has a 1-year low of $0.83 and a 1-year high of $1.09. The business has a fifty day moving average of $0.92 and a 200-day moving average of $0.94.

About Dno Asa

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa.