Orca Energy Group Inc. (OTCMKTS:ORXGF) Short Interest Update

Orca Energy Group Inc. (OTCMKTS:ORXGF) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 3,500 shares, a growth of 84.2% from the December 31st total of 1,900 shares. Based on an average daily volume of 5,300 shares, the short-interest ratio is currently 0.7 days.

Orca Energy Group Stock Performance

ORXGF opened at $2.08 on Friday. The firm’s 50-day moving average price is $2.13 and its 200 day moving average price is $2.23. Orca Energy Group has a twelve month low of $1.82 and a twelve month high of $3.26.

About Orca Energy Group

Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020.