Athabasca Oil Co. (OTCMKTS:ATHOF – Get Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 9,258,500 shares, a growth of 20.4% from the March 31st total of 7,690,400 shares. Based on an average trading volume of 521,600 shares, the short-interest ratio is currently 17.8 days.
Athabasca Oil Stock Down 0.6 %
Shares of OTCMKTS ATHOF traded down $0.02 during trading on Friday, hitting $3.69. 236,865 shares of the company traded hands, compared to its average volume of 255,758. Athabasca Oil has a 1 year low of $1.94 and a 1 year high of $4.08. The company has a 50-day moving average price of $3.75 and a 200-day moving average price of $3.29.
Analysts Set New Price Targets
Separately, BMO Capital Markets restated an “outperform” rating and issued a $6.50 price objective on shares of Athabasca Oil in a research report on Monday, April 8th.
Athabasca Oil Company Profile
Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates through Thermal Oil and Light Oil segments. The company's principal properties are in the Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer/Corner, Hangingstone, and Dover West projects located in the Athabasca region of northeastern Alberta.
Further Reading
- Five stocks we like better than Athabasca Oil
- 3 Tickers Leading a Meme Stock Revival
- MarketBeat Week in Review – 4/22 – 4/26
- Insider Trades May Not Tell You What You Think
- 3 Stocks Leading the U.S. Agriculture Comeback
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Athabasca Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Athabasca Oil and related companies with MarketBeat.com's FREE daily email newsletter.
