Orca Energy Group Inc. (OTCMKTS:ORXGF) Short Interest Update

Orca Energy Group Inc. (OTCMKTS:ORXGF) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 100 shares, a drop of 93.3% from the May 31st total of 1,500 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 0.3 days.

Orca Energy Group Stock Performance

OTCMKTS ORXGF traded up $0.07 during trading on Friday, hitting $3.06. The company’s stock had a trading volume of 5 shares, compared to its average volume of 1,851. Orca Energy Group has a 52 week low of $2.81 and a 52 week high of $4.01. The firm has a 50 day moving average price of $2.91 and a 200 day moving average price of $3.06.

Orca Energy Group Company Profile

Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020.