Afentra plc (OTCMKTS:STGAF) Sees Significant Drop in Short Interest

Afentra plc (OTCMKTS:STGAF) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 3,500 shares, a decrease of 67.3% from the February 28th total of 10,700 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Afentra Stock Performance

Afentra stock remained flat at $0.57 during midday trading on Friday. The business has a 50 day simple moving average of $0.57 and a 200-day simple moving average of $0.59. Afentra has a 12 month low of $0.38 and a 12 month high of $0.67.

About Afentra

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.