Jericho Energy Ventures Inc. (OTCMKTS:JROOF) Sees Significant Growth in Short Interest

Jericho Energy Ventures Inc. (OTCMKTS:JROOF) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 22,051 shares, a growth of 244,911.1% from the May 31st total of 9 shares. Based on an average trading volume of 94,087 shares, the short-interest ratio is currently 0.2 days.

Jericho Energy Ventures Price Performance

Shares of Jericho Energy Ventures stock opened at $0.19 on Friday. Jericho Energy Ventures has a twelve month low of $0.03 and a twelve month high of $0.23. The company’s fifty day moving average is $0.09 and its 200 day moving average is $0.08.

About Jericho Energy Ventures

Jericho Energy Ventures, Inc (OTCMKTS: JROOF) is an energy investment and production company focused on acquiring, operating and optimizing undervalued oil and gas assets across the United States. The company seeks to build a diversified portfolio of onshore producing properties, deploying capital and technical expertise to enhance recovery rates, extend well life and improve operational efficiency. By targeting non-core or underperforming assets, Jericho aims to unlock value through recompletions, workovers and infrastructure upgrades.

Jericho’s business model combines private-equity style asset selection with hands-on operational management.