Archer Limited (OTCMKTS:ARHVF) Short Interest Up 100.0% in December

Archer Limited (OTCMKTS:ARHVF) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 200 shares, a growth of 100.0% from the December 15th total of 100 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 1.0 days.

Archer Stock Performance

Shares of OTCMKTS ARHVF opened at $2.20 on Tuesday. Archer has a 52 week low of $1.75 and a 52 week high of $3.00. The firm has a 50-day moving average price of $2.13 and a 200 day moving average price of $2.26.

About Archer

Archer Limited, together with its subsidiaries, provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. The company operates in three segments: Platform Operations, Well Services, and Land Drilling. It provides oil tools, wireline services, and coil tubing and pumping services, as well as well construction and completion, well intervention and workover, slot recovery, well plug and abandonment, and surface, geothermal, and CCUS applications.