Carnarvon Energy Limited (OTCMKTS:CVONF – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 99 shares, a drop of 99.3% from the June 30th total of 14,954 shares. Based on an average daily volume of 3,900 shares, the short-interest ratio is currently 0.0 days.
Carnarvon Energy Stock Performance
Shares of OTCMKTS CVONF remained flat at C$0.08 during trading hours on Friday. The company has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.07. Carnarvon Energy has a one year low of C$0.06 and a one year high of C$0.09.
Carnarvon Energy Company Profile
Carnarvon Energy (OTCMKTS:CVONF) is an Australia‐based oil and gas exploration and production company focused on the North West Shelf region offshore Western Australia. The company holds both production and exploration permits in the Bedout Sub‐basin, targeting a mix of conventional and emerging hydrocarbon plays.
The flagship asset for Carnarvon is the Dorado project within Production Licence WA-437-P, where it holds a substantial equity stake alongside international industry partners.
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