Orca Energy Group Inc. (OTCMKTS:ORXGF) Short Interest Down 96.7% in August

Orca Energy Group Inc. (OTCMKTS:ORXGF) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 52 shares, a decline of 96.7% from the July 30th total of 1,562 shares. Based on an average daily trading volume, of 8,912 shares, the days-to-cover ratio is currently 0.0 days.

Orca Energy Group Trading Up 2.4%

OTCMKTS:ORXGF traded up $0.05 during mid-day trading on Tuesday, hitting $1.99. 10,221 shares of the company’s stock traded hands, compared to its average volume of 3,541. The company has a fifty day moving average of $1.98 and a 200 day moving average of $2.44. Orca Energy Group has a twelve month low of $1.81 and a twelve month high of $3.75.

About Orca Energy Group

Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020. Orca Energy Group Inc was incorporated in 2004 and is based in Road Town, British Virgin Islands.