Jericho Energy Ventures Inc. (OTCMKTS:JROOF) Short Interest Update

Jericho Energy Ventures Inc. (OTCMKTS:JROOF) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 26,422 shares, a drop of 64.3% from the August 15th total of 74,026 shares. Based on an average daily volume of 135,036 shares, the days-to-cover ratio is presently 0.2 days.

Jericho Energy Ventures Trading Up 2.1%

JROOF traded up $0.00 during trading hours on Friday, hitting $0.20. The company’s stock had a trading volume of 10,884 shares, compared to its average volume of 79,384. The business’s 50-day moving average price is $0.17 and its 200-day moving average price is $0.12. Jericho Energy Ventures has a 12 month low of $0.03 and a 12 month high of $0.25.

Jericho Energy Ventures Company Profile

Jericho Energy Ventures, Inc (OTCMKTS: JROOF) is an energy investment and production company focused on acquiring, operating and optimizing undervalued oil and gas assets across the United States. The company seeks to build a diversified portfolio of onshore producing properties, deploying capital and technical expertise to enhance recovery rates, extend well life and improve operational efficiency. By targeting non-core or underperforming assets, Jericho aims to unlock value through recompletions, workovers and infrastructure upgrades.

Jericho’s business model combines private-equity style asset selection with hands-on operational management.