Afentra plc (OTCMKTS:STGAF – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 7,269 shares, a drop of 88.7% from the June 15th total of 64,263 shares. Based on an average daily trading volume, of 1,667 shares, the days-to-cover ratio is presently 4.4 days.
Afentra Stock Performance
Shares of STGAF remained flat at $0.85 during trading hours on Friday. Afentra has a 12-month low of $0.48 and a 12-month high of $1.09. The stock’s 50-day moving average price is $0.93 and its 200 day moving average price is $0.82.
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.
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