Short Interest in Viking Energy Group, Inc. (OTCMKTS:VKIN) Rises By 2,250.0%


Share on StockTwits

Viking Energy Group, Inc. (OTCMKTS:VKIN) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 4,700 shares, a growth of 2,250.0% from the March 15th total of 200 shares. Based on an average daily volume of 23,000 shares, the days-to-cover ratio is presently 0.2 days.

OTCMKTS VKIN opened at $0.61 on Wednesday. The company has a 50-day moving average price of $0.95 and a 200-day moving average price of $0.37. The firm has a market capitalization of $41.15 million, a P/E ratio of -4.03 and a beta of 1.88. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 6.68. Viking Energy Group has a 52 week low of $0.51 and a 52 week high of $2.85.

Viking Energy Group Company Profile

Viking Energy Group, Inc, an independent exploration and production company, engages in the acquisition and development of oil and natural gas properties in North America. The company owns oil and gas leases in Texas, Louisiana, Mississippi, and Kansas. The company was formerly known as Viking Investments Group, Inc and changed its name to Viking Energy Group, Inc in March 2017.

Further Reading: What does an equal weight rating mean?

Receive News & Ratings for Viking Energy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viking Energy Group and related companies with MarketBeat.com's FREE daily email newsletter.