Short Interest in Pantheon Resrcs (OTCMKTS:PTHRF) Increases By 121.7%

Pantheon Resrcs (OTCMKTS:PTHRFGet Free Report) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 187,373 shares, a growth of 121.7% from the July 15th total of 84,500 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 425,653 shares, the days-to-cover ratio is presently 0.4 days.

Pantheon Resrcs Trading Down 7.8%

PTHRF stock opened at $0.18 on Friday. The business’s 50-day moving average price is $0.18 and its two-hundred day moving average price is $0.16. Pantheon Resrcs has a 1-year low of $0.09 and a 1-year high of $0.45.

Pantheon Resrcs Company Profile

(Get Free Report)

Pantheon Resources Ltd. is an independent oil and gas exploration and appraisal company that focuses on upstream activities in emerging frontier basins. The company acquires and evaluates exploration licenses, undertakes seismic surveys and environmental studies, and plans and executes drilling programs to assess hydrocarbon potential. Its core objective is to advance early-stage exploration projects to the point of commercial discovery or farm-out.

Pantheon Resources holds a portfolio of offshore and onshore licenses in the Republic of Georgia, awarded by the Georgian Ministry of Economy and Sustainable Development.

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