Orca Energy Group Inc. (OTCMKTS:ORXGF) Short Interest Up 17,005.8% in August

Orca Energy Group Inc. (OTCMKTS:ORXGF – Get Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 8,895 shares, a growth of 17,005.8% from the August 15th total of 52 shares. Based on an average daily trading volume, of 9,687 shares, the short-interest ratio is currently 0.9 days.

Orca Energy Group Stock Performance

Shares of ORXGF opened at $1.67 on Friday. Orca Energy Group has a one year low of $1.67 and a one year high of $3.75. The stock has a 50 day moving average price of $1.94 and a 200 day moving average price of $2.33.

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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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