Short Interest in Pantheon Resrcs (OTCMKTS:PTHRF) Increases By 121.7%

Pantheon Resrcs (OTCMKTS:PTHRFGet Free Report) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 187,373 shares, an increase of 121.7% from the July 15th total of 84,500 shares. Based on an average daily trading volume, of 425,653 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Pantheon Resrcs Price Performance

Shares of PTHRF stock opened at $0.18 on Friday. The firm has a fifty day moving average of $0.18 and a 200-day moving average of $0.16. Pantheon Resrcs has a 12-month low of $0.09 and a 12-month high of $0.45.

About Pantheon Resrcs

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Pantheon Resources Ltd. is an independent oil and gas exploration and appraisal company that focuses on upstream activities in emerging frontier basins. The company acquires and evaluates exploration licenses, undertakes seismic surveys and environmental studies, and plans and executes drilling programs to assess hydrocarbon potential. Its core objective is to advance early-stage exploration projects to the point of commercial discovery or farm-out.

Pantheon Resources holds a portfolio of offshore and onshore licenses in the Republic of Georgia, awarded by the Georgian Ministry of Economy and Sustainable Development.

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