Japan Petroleum Exploration Co., Ltd. (OTCMKTS:JPTXF) Short Interest Up 258.5% in June

Japan Petroleum Exploration Co., Ltd. (OTCMKTS:JPTXF) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 100,962 shares, an increase of 258.5% from the May 31st total of 28,162 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Japan Petroleum Exploration Stock Performance

Shares of JPTXF opened at $13.75 on Friday. The company’s fifty day moving average is $13.90 and its 200 day moving average is $13.31. Japan Petroleum Exploration has a fifty-two week low of $8.50 and a fifty-two week high of $18.15.

About Japan Petroleum Exploration

Japan Petroleum Exploration Co, Ltd., together with its subsidiaries, explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East. It also owns and manages a gas pipeline network; and provides underground CO2 storage. In addition, the company is involved in well drilling contracting business; manufacturing and selling petroleum products; insurance agency activities; and sale and contracted transportation of crude oil. Further, it engages in the geological survey contracting services; geophysical exploration work, technology development, logging, and mud-logging contracting; purchase and sale of LNG, petroleum gas, etc.; development of solar, wind, geothermal, biomass, and other renewable energy sources; real estate management; and operation and commissioning of natural power plants.