Glori Energy Inc. (OTCMKTS:GLRI) Short Interest Down 98.0% in August

Glori Energy Inc. (OTCMKTS:GLRI) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 100 shares, a decrease of 98.0% from the August 15th total of 4,900 shares. Based on an average daily volume of 21,400 shares, the short-interest ratio is presently 0.0 days.

Shares of OTCMKTS:GLRI remained flat at $$0.00 on Wednesday. 11,500 shares of the company’s stock were exchanged, compared to its average volume of 64,841. Glori Energy has a 1 year low of $0.00 and a 1 year high of $0.03. The company’s fifty day moving average price is $0.01 and its two-hundred day moving average price is $0.01.

Glori Energy Company Profile

Glori Energy Inc engages in oil and gas exploration activities. It is a technology focused energy company that deploys its proprietary biotechnology to facilitate the secondary production of oil. The company operates through three segments: Oil and Gas, AERO Services and Corporate. Glori Energy was founded on April 15, 2014 and is headquartered in Houston, Texas.

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