Pharos Energy PLC (OTCMKTS:SOCLF – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 6,957 shares, a growth of 92.3% from the August 31st total of 3,618 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is presently 4.1 days. Currently, 0.0% of the company’s shares are sold short.
Pharos Energy Price Performance
OTCMKTS:SOCLF remained flat at $0.36 on Wednesday. The firm’s fifty day moving average price is $0.39 and its two-hundred day moving average price is $0.39. Pharos Energy has a 52-week low of $0.24 and a 52-week high of $0.45.
Pharos Energy Company Profile
Pharos Energy plc is an independent oil and gas exploration and production company headquartered in the United Kingdom. The company focuses on the exploration, development and production of hydrocarbons, with operations historically concentrated in Southeast Asia and the Middle East.
Pharos has held interests in producing and development assets offshore Vietnam, including the Te Giac Trang (TGT) and Ca Ngu Vang (CNV) fields in the Cuu Long Basin. Its activities in Vietnam have included field development, drilling, production operations and efforts to extend the life and recovery potential of existing assets.
The company has also pursued exploration and production opportunities in Egypt, particularly in the Western Desert.
Further Reading
- Five stocks we like better than Pharos Energy
- Arhaus Has New Momentum—Could Other Furniture Stocks Be Next?
- Can Boxabl Turn Modular Homes Into AI Data Center Infrastructure?
- Up All Night: How Nasdaq’s 23-Hour Trading Could Wake Up Wall Street
- 4 Stocks That Could Split Next—and Why Investors Are Watching
Receive News & Ratings for Pharos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pharos Energy and related companies with MarketBeat.com's FREE daily email newsletter.
