Orca Energy Group Inc. (OTCMKTS:ORXGF) Short Interest Down 96.7% in August

Orca Energy Group Inc. (OTCMKTS:ORXGF) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 52 shares, a decline of 96.7% from the July 30th total of 1,562 shares. Based on an average daily volume of 8,912 shares, the short-interest ratio is presently 0.0 days.

Orca Energy Group Trading Up 2.4%

Orca Energy Group stock traded up $0.05 during mid-day trading on Tuesday, reaching $1.99. 10,221 shares of the company traded hands, compared to its average volume of 3,541. Orca Energy Group has a fifty-two week low of $1.81 and a fifty-two week high of $3.75. The firm’s fifty day moving average is $1.98 and its two-hundred day moving average is $2.44.

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. Orca Energy Group Inc was incorporated in 2004 and is based in Road Town, British Virgin Islands.