Chariot Limited (OTCMKTS:OIGLF) Short Interest Update

Chariot Limited (OTCMKTS:OIGLF) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,985,048 shares, an increase of 3,736.0% from the June 15th total of 51,748 shares. Based on an average daily trading volume, of 1,675,014 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.1% of the company’s shares are short sold.

Chariot Price Performance

Shares of OIGLF stock remained flat at $0.03 during trading hours on Friday. 2,500,000 shares of the stock were exchanged, compared to its average volume of 779,802. Chariot has a twelve month low of $0.00 and a twelve month high of $0.07. The firm has a fifty day moving average of $0.02 and a two-hundred day moving average of $0.02. The firm has a market capitalization of $94.62 million and a price-to-earnings ratio of -0.02.

About Chariot

Chariot is an independent oil and gas exploration and production company headquartered in London. The company’s principal activities involve the identification, acquisition and appraisal of upstream hydrocarbon assets in frontier and emerging basins. Chariot’s portfolio has historically included interests in North-West Africa, with licences in Morocco’s Tangier and Gharb Basins as well as offshore opportunities in Equatorial Guinea.

Since its founding in 2012, Chariot has focused on creating value through exploration drilling, seismic evaluation and farm-out partnerships with international energy firms.