Japan Petroleum Exploration Co., Ltd. (OTCMKTS:JPTXF) Sees Large Growth in Short Interest

Japan Petroleum Exploration Co., Ltd. (OTCMKTS:JPTXF) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 945,436 shares, an increase of 59.4% from the July 30th total of 592,940 shares. Based on an average trading volume of 262 shares, the short-interest ratio is presently 3,608.5 days.

Japan Petroleum Exploration Stock Performance

Shares of JPTXF stock opened at $11.15 on Thursday. Japan Petroleum Exploration has a twelve month low of $8.50 and a twelve month high of $18.15. The stock has a 50 day moving average of $12.87 and a 200 day moving average of $14.07.

Japan Petroleum Exploration Company Profile

Japan Petroleum Exploration Co, Ltd., together with its subsidiaries, explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East. It also owns and manages a gas pipeline network; and provides underground CO2 storage. In addition, the company is involved in well drilling contracting business; manufacturing and selling petroleum products; insurance agency activities; and sale and contracted transportation of crude oil. Further, it engages in the geological survey contracting services; geophysical exploration work, technology development, logging, and mud-logging contracting; purchase and sale of LNG, petroleum gas, etc.; development of solar, wind, geothermal, biomass, and other renewable energy sources; real estate management; and operation and commissioning of natural power plants.