Short Interest in Chariot Limited (OTCMKTS:OIGLF) Increases By 1,488.5%

Chariot Limited (OTCMKTS:OIGLF) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 233,967 shares, a growth of 1,488.5% from the December 15th total of 14,729 shares. Based on an average daily trading volume, of 95,410 shares, the short-interest ratio is presently 2.5 days. Based on an average daily trading volume, of 95,410 shares, the short-interest ratio is presently 2.5 days.

Chariot Trading Up 2.8%

OIGLF stock opened at $0.03 on Wednesday. Chariot has a fifty-two week low of $0.00 and a fifty-two week high of $0.07. The business’s 50 day moving average price is $0.02 and its two-hundred day moving average price is $0.02.

About Chariot

Chariot is an independent oil and gas exploration and production company headquartered in London. The company’s principal activities involve the identification, acquisition and appraisal of upstream hydrocarbon assets in frontier and emerging basins. Chariot’s portfolio has historically included interests in North-West Africa, with licences in Morocco’s Tangier and Gharb Basins as well as offshore opportunities in Equatorial Guinea.

Since its founding in 2012, Chariot has focused on creating value through exploration drilling, seismic evaluation and farm-out partnerships with international energy firms.