Short Interest in Afentra plc (OTCMKTS:STGAF) Decreases By 12.9%

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

Afentra Price Performance

STGAF stock opened at $0.56 on Thursday. The stock’s 50 day simple moving average is $0.52 and its 200 day simple moving average is $0.58. Afentra has a fifty-two week low of $0.48 and a fifty-two week high of $0.75.

Afentra Company Profile

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.