Afentra plc (OTCMKTS:STGAF) Sees Significant Growth in Short Interest

Afentra plc (OTCMKTS:STGAF – Get Free Report) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 23,869 shares. Based on an average daily volume of 161 shares, the short-interest ratio is currently 148.3 days.

Afentra Price Performance

Shares of Afentra stock opened at $0.91 on Friday. Afentra has a 52 week low of $0.48 and a 52 week high of $1.09. The business has a 50 day moving average price of $0.98 and a 200-day moving average price of $0.90.

About Afentra

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Afentra plc is an independent oil and gas company focused on acquiring, developing and producing hydrocarbons in Africa. The company targets producing and near-production assets where it believes operational improvements, further investment and responsible stewardship can support long-term value creation.

Afentra’s portfolio is centered on offshore Angola, including interests in the Block 3/05 and Block 3/05A areas. These assets contain established oil production and additional development opportunities.

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