Short Interest in Orca Energy Group Inc. (OTCMKTS:ORXGF) Expands By 500.0%

Orca Energy Group Inc. (OTCMKTS:ORXGF) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 600 shares, a growth of 500.0% from the February 28th total of 100 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is currently 0.3 days.

Orca Energy Group Price Performance

Shares of OTCMKTS:ORXGF remained flat at $2.00 during midday trading on Friday. The business has a 50-day moving average price of $2.07 and a two-hundred day moving average price of $2.12. Orca Energy Group has a 52-week low of $1.82 and a 52-week high of $3.12.

Orca Energy Group Company Profile

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.