Orca Energy Group Inc. (OTCMKTS:ORXGF) Short Interest Update

Orca Energy Group Inc. (OTCMKTS:ORXGFGet Free Report) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 2 shares, a decline of 99.9% from the May 31st total of 1,881 shares. Based on an average daily volume of 3,527 shares, the days-to-cover ratio is presently 0.0 days.

Orca Energy Group Stock Performance

Shares of ORXGF remained flat at $1.92 during mid-day trading on Friday. 11,500 shares of the stock traded hands, compared to its average volume of 3,058. The company has a 50-day moving average price of $2.50 and a 200-day moving average price of $2.61. Orca Energy Group has a 52-week low of $1.84 and a 52-week high of $3.75.

About Orca Energy Group

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Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020. Orca Energy Group Inc was incorporated in 2004 and is based in Road Town, British Virgin Islands.

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