Pantheon Resrcs (OTCMKTS:PTHRF – Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 548,678 shares, an increase of 340.7% from the August 15th total of 124,500 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 758,529 shares, the days-to-cover ratio is currently 0.7 days.
Pantheon Resrcs Stock Performance
Shares of PTHRF traded up $0.01 during mid-day trading on Friday, hitting $0.15. 83,450 shares of the company traded hands, compared to its average volume of 322,398. Pantheon Resrcs has a 1-year low of $0.09 and a 1-year high of $0.40. The business has a 50 day moving average of $0.17 and a 200 day moving average of $0.17.
About Pantheon Resrcs
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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