Chariot Limited (OTCMKTS:OIGLF) Short Interest Update

Chariot Limited (OTCMKTS:OIGLF) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 233,967 shares, an increase of 1,488.5% from the December 15th total of 14,729 shares. Based on an average trading volume of 95,410 shares, the days-to-cover ratio is presently 2.5 days. Based on an average trading volume of 95,410 shares, the days-to-cover ratio is presently 2.5 days.

Chariot Price Performance

OIGLF traded up $0.00 on Monday, reaching $0.03. The stock had a trading volume of 1,000 shares, compared to its average volume of 55,375. The firm has a 50-day moving average of $0.02 and a 200-day moving average 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.