Gear Energy Ltd. (OTCMKTS:GENGF) Short Interest Update

Gear Energy Ltd. (OTCMKTS:GENGF) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 2,126,200 shares, a growth of 11.3% from the October 15th total of 1,910,100 shares. Based on an average daily volume of 152,600 shares, the days-to-cover ratio is presently 13.9 days.

Gear Energy Trading Up 0.7 %

Shares of OTCMKTS:GENGF traded up $0.00 during midday trading on Monday, reaching $0.38. 82,012 shares of the company’s stock traded hands, compared to its average volume of 95,425. The company has a fifty day simple moving average of $0.42 and a two-hundred day simple moving average of $0.48. Gear Energy has a 1 year low of $0.37 and a 1 year high of $0.58.

Gear Energy Company Profile

Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan.