Chariot Limited (OTCMKTS:OIGLF) Short Interest Up 1,125.3% in February

Chariot Limited (OTCMKTS:OIGLF) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 180,471 shares, a growth of 1,125.3% from the February 12th total of 14,729 shares. Based on an average daily trading volume, of 50,133 shares, the short-interest ratio is presently 3.6 days. Based on an average daily trading volume, of 50,133 shares, the short-interest ratio is presently 3.6 days.

Chariot Stock Performance

Shares of OTCMKTS:OIGLF traded down $0.01 during trading on Tuesday, hitting $0.01. The company’s stock had a trading volume of 401,100 shares, compared to its average volume of 81,250. The business has a 50 day moving average price of $0.02 and a two-hundred day moving average price of $0.02. Chariot has a fifty-two week low of $0.00 and a fifty-two week high of $0.07.

About Chariot

Chariot is an independent oil and gas exploration and production company headquartered in London. The company’s principal activities involve the identification, acquisition and appraisal of upstream hydrocarbon assets in frontier and emerging basins. Chariot’s portfolio has historically included interests in North-West Africa, with licences in Morocco’s Tangier and Gharb Basins as well as offshore opportunities in Equatorial Guinea.

Since its founding in 2012, Chariot has focused on creating value through exploration drilling, seismic evaluation and farm-out partnerships with international energy firms.