Vår Energi AS (OTCMKTS:VARRY) Sees Significant Drop in Short Interest

Vår Energi AS (OTCMKTS:VARRY) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 1,700 shares, a decrease of 41.4% from the August 31st total of 2,900 shares. Based on an average daily volume of 49,700 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 49,700 shares, the days-to-cover ratio is presently 0.0 days.

Vår Energi AS Price Performance

OTCMKTS VARRY opened at $7.01 on Monday. The business has a 50 day simple moving average of $6.85 and a 200 day simple moving average of $6.28. Vår Energi AS has a 52-week low of $5.01 and a 52-week high of $7.36.

Vår Energi AS Company Profile

Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway.