Short Interest in Orca Energy Group Inc. (OTCMKTS:ORXGF) Expands By 148,550.0%

Orca Energy Group Inc. (OTCMKTS:ORXGF) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,973 shares, a growth of 148,550.0% from the June 15th total of 2 shares. Based on an average daily trading volume, of 6,814 shares, the days-to-cover ratio is presently 0.4 days.

Orca Energy Group Price Performance

Shares of OTCMKTS ORXGF remained flat at $2.07 during mid-day trading on Friday. The business has a 50 day simple moving average of $2.32 and a 200-day simple moving average of $2.57. Orca Energy Group has a 1-year low of $1.84 and a 1-year high of $3.75.

About Orca Energy Group

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.