Carnarvon Energy Limited (OTCMKTS:CVONF) Short Interest Update

Carnarvon Energy Limited (OTCMKTS:CVONF) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 4,300 shares, a drop of 58.7% from the August 15th total of 10,400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Carnarvon Energy Stock Performance

OTCMKTS:CVONF remained flat at C$0.12 during trading hours on Friday. The stock has a fifty day moving average of C$0.12 and a 200-day moving average of C$0.12. Carnarvon Energy has a one year low of C$0.09 and a one year high of C$0.16.

Carnarvon Energy Company Profile

Carnarvon Energy Limited engages in the exploration, development, and production of oil and gas properties in Australia. It is also involved in the renewable fuels business. The company owns various interests in the Dorado, Pavo, Roc, Phoenix, and Phoenix South project located in the Bedout Sub-basin permits of Western Australia.