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

Afentra plc (OTCMKTS:STGAFGet Free Report) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 4,935 shares, a drop of 12.9% from the December 31st total of 5,665 shares. Based on an average daily trading volume, of 1,054 shares, the days-to-cover ratio is presently 4.7 days. Based on an average daily trading volume, of 1,054 shares, the days-to-cover ratio is presently 4.7 days.

Afentra Price Performance

Shares of Afentra stock opened at $0.56 on Tuesday. The company has a 50 day moving average of $0.52 and a 200-day moving average of $0.58. Afentra has a 1-year low of $0.48 and a 1-year high of $0.75.

About Afentra

(Get Free Report)

Afentra PLC (OTCMKTS: STGAF) is an independent upstream oil and gas exploration and production company with a portfolio of assets located in the UK Continental Shelf and the Norwegian North Sea. Headquartered in London, Afentra holds interests in a mix of producing fields and exploration licenses, targeting small to mid-sized opportunities that offer near-term cash flow potential and upside through resource maturation.

The company’s core business activities encompass field development, optimization of mature assets and ongoing exploration.

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