Prio S.A. (OTCMKTS:PTRRY) Sees Significant Growth in Short Interest

Prio S.A. (OTCMKTS:PTRRY) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 15,200 shares, a growth of 92.4% from the August 31st total of 7,900 shares. Based on an average trading volume of 78,500 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 78,500 shares, the days-to-cover ratio is presently 0.2 days.

Prio Stock Performance

Shares of Prio stock opened at C$7.19 on Tuesday. Prio has a 1 year low of C$5.55 and a 1 year high of C$8.47. The company’s fifty day simple moving average is C$7.32 and its 200-day simple moving average is C$7.14.

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.