Prio S.A. (OTCMKTS:PTRRY) Short Interest Down 95.3% in July

Prio S.A. (OTCMKTS:PTRRY – Get Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 260 shares, a decrease of 95.3% from the June 30th total of 5,586 shares. Based on an average daily volume of 100,035 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Prio to a “hold” rating in a report on Monday, June 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

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Prio Stock Performance

Shares of OTCMKTS:PTRRY traded down C$0.40 during midday trading on Friday, hitting C$11.54. 7,370 shares of the stock were exchanged, compared to its average volume of 62,321. Prio has a 12 month low of C$6.52 and a 12 month high of C$14.37. The business’s 50-day moving average price is C$11.69 and its 200 day moving average price is C$11.41.

About Prio

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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. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia.

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