Pantheon Resrcs (OTCMKTS:PTHRF – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 318,719 shares, an increase of 204.6% from the May 14th total of 104,635 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 698,847 shares, the days-to-cover ratio is currently 0.5 days.
Pantheon Resrcs Stock Up 4.8%
Pantheon Resrcs stock opened at $0.22 on Friday. The company has a fifty day moving average price of $0.17 and a two-hundred day moving average price of $0.16. Pantheon Resrcs has a 12 month low of $0.09 and a 12 month high of $0.45.
Pantheon Resrcs Company Profile
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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