Dno Asa (OTCMKTS:DTNOF – Get Free Report) saw a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 2,123 shares, a decline of 99.1% from the October 15th total of 237,224 shares. Based on an average trading volume of 2,455 shares, the days-to-cover ratio is presently 0.9 days.
Dno Asa Price Performance
Dno Asa stock remained flat at $2.07 during mid-day trading on Thursday. The company’s stock had a trading volume of 4,790 shares, compared to its average volume of 7,763. The company has a 50 day simple moving average of $2.13 and a 200 day simple moving average of $1.93. Dno Asa has a 12 month low of $1.40 and a 12 month high of $2.50.
Dno Asa Company Profile
DNO ASA is a Norwegian oil and gas company engaged in the exploration, development and production of hydrocarbons. The company has an international portfolio focused primarily on the Kurdistan region of Iraq and the Norwegian Continental Shelf. In Kurdistan, DNO operates interests in the Tawke and Peshkabir fields, which are among its principal producing assets. The company is also involved in exploration, development and production activities through a portfolio of licenses and partnerships in the North Sea.
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