Prio S.A. (OTCMKTS:PTRRY) Short Interest Update

Prio S.A. (OTCMKTS:PTRRY) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 5,586 shares, a decline of 78.5% from the June 15th total of 26,010 shares. Based on an average daily volume of 108,799 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Prio to a “hold” rating in a research note on Monday, June 8th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Prio has a consensus rating of “Hold”.

Prio Trading Up 1.3%

Shares of OTCMKTS PTRRY traded up C$0.14 during trading hours on Monday, hitting C$10.99. 37,678 shares of the stock were exchanged, compared to its average volume of 64,489. Prio has a 12 month low of C$6.52 and a 12 month high of C$14.37. The firm has a fifty day moving average price of C$12.08 and a 200-day moving average price of C$11.15.

About Prio

Prio SA, together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia.