Short Interest in Orca Energy Group Inc. (OTCMKTS:ORXGF) Increases By 17,005.8%

Orca Energy Group Inc. (OTCMKTS:ORXGF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 8,895 shares, an increase of 17,005.8% from the August 15th total of 52 shares. Based on an average daily trading volume, of 9,687 shares, the short-interest ratio is presently 0.9 days.

Orca Energy Group Price Performance

Shares of Orca Energy Group stock remained flat at $1.67 during trading on Thursday. The stock’s 50 day moving average price is $1.95 and its two-hundred day moving average price is $2.34. Orca Energy Group has a one year low of $1.67 and a one year high of $3.75.

Orca Energy Group Company Profile

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.