Jericho Energy Ventures Inc. (OTCMKTS:JROOF) Short Interest Update

Jericho Energy Ventures Inc. (OTCMKTS:JROOF) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 26,422 shares, a decline of 64.3% from the August 15th total of 74,026 shares. Based on an average daily volume of 135,036 shares, the days-to-cover ratio is presently 0.2 days.

Jericho Energy Ventures Stock Performance

Jericho Energy Ventures stock traded up $0.00 during midday trading on Friday, reaching $0.20. The stock had a trading volume of 10,884 shares, compared to its average volume of 79,384. Jericho Energy Ventures has a 52-week low of $0.03 and a 52-week high of $0.25. The company has a fifty day moving average of $0.17 and a 200 day moving average of $0.12.

Jericho Energy Ventures Company Profile

Jericho Energy Ventures, Inc (OTCMKTS: JROOF) is an energy investment and production company focused on acquiring, operating and optimizing undervalued oil and gas assets across the United States. The company seeks to build a diversified portfolio of onshore producing properties, deploying capital and technical expertise to enhance recovery rates, extend well life and improve operational efficiency. By targeting non-core or underperforming assets, Jericho aims to unlock value through recompletions, workovers and infrastructure upgrades.

Jericho’s business model combines private-equity style asset selection with hands-on operational management.