Vår Energi AS (OTCMKTS:VARRY) Sees Large Decrease in Short Interest

Vår Energi AS (OTCMKTS:VARRY) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totalling 1,800 shares, a decline of 64.7% from the July 15th total of 5,100 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 2.0 days.

Vår Energi AS Price Performance

VARRY remained flat at $6.49 during trading hours on Wednesday. Vår Energi AS has a 52 week low of $5.14 and a 52 week high of $7.38. The company has a 50 day moving average price of $6.60 and a two-hundred day moving average price of $6.48.

About Vår Energi AS

Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway.