Prio S.A. (OTCMKTS:PTRRY) Short Interest Down 95.3% in July

Prio S.A. (OTCMKTS:PTRRY) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 260 shares, a decrease of 95.3% from the June 30th total of 5,586 shares. Based on an average trading volume of 100,035 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Prio to a “hold” rating in a report on Monday, June 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Prio presently has a consensus rating of “Hold”.

Prio Trading Down 3.4%

Prio stock traded down C$0.40 during mid-day trading on Friday, reaching C$11.54. The company had a trading volume of 7,370 shares, compared to its average volume of 62,321. Prio has a 1 year low of C$6.52 and a 1 year high of C$14.37. The stock’s 50-day simple moving average is C$11.69 and its 200-day simple moving average is C$11.41.

About Prio

Prio SA, together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia.