Samson Oil & Gas Lim Sees Large Decline in Short Interest (SSN)
Shares of Samson Oil & Gas Lim (NYSE:SSN) saw a large drop in short interest in the month of August. As of August 15th, there was short interest totalling 1,360,408 shares, a drop of 9.6% from the July 31st total of 1,504,105 shares, Analyst Ratings.Net reports. Based on an average trading volume of 224,329 shares, the short-interest ratio is currently 6.1 days. Approximately 0.0% of the shares of the stock are sold short.
Samson Oil & Gas Lim (NYSE:SSN) opened at 0.401 on Thursday. Samson Oil & Gas Lim has a 1-year low of $0.28 and a 1-year high of $0.59. The stock’s 50-day moving average is $0.41 and its 200-day moving average is $0.41. The company’s market cap is $56.9 million.
Samson Oil & Gas Limited is an Australia-based company active in the energy sector. Its principal activities include oil and gas exploration, development and production in the United States.
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