Jericho Energy Ventures Inc. (OTCMKTS:JROOF – Get Free Report) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 22,051 shares, an increase of 244,911.1% from the May 31st total of 9 shares. Based on an average daily trading volume, of 94,087 shares, the short-interest ratio is currently 0.2 days.
Jericho Energy Ventures Stock Down 6.5%
OTCMKTS:JROOF traded down $0.01 during mid-day trading on Thursday, reaching $0.19. 173,119 shares of the company were exchanged, compared to its average volume of 83,189. Jericho Energy Ventures has a 12 month low of $0.03 and a 12 month high of $0.23. The company has a fifty day moving average of $0.09 and a 200 day moving average of $0.08.
Jericho Energy Ventures Company Profile
Jericho Energy Ventures, Inc (OTCMKTS: JROOF) is an energy investment and production company focused on acquiring, operating and optimizing undervalued oil and gas assets across the United States. The company seeks to build a diversified portfolio of onshore producing properties, deploying capital and technical expertise to enhance recovery rates, extend well life and improve operational efficiency. By targeting non-core or underperforming assets, Jericho aims to unlock value through recompletions, workovers and infrastructure upgrades.
Jericho’s business model combines private-equity style asset selection with hands-on operational management.
Featured Articles
- Five stocks we like better than Jericho Energy Ventures
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for Jericho Energy Ventures Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jericho Energy Ventures and related companies with MarketBeat.com's FREE daily email newsletter.
