Pine Cliff Energy Ltd. (OTCMKTS:PIFYF) Sees Large Increase in Short Interest

Pine Cliff Energy Ltd. (OTCMKTS:PIFYF) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 824,800 shares, a growth of 23.7% from the November 15th total of 666,700 shares. Based on an average trading volume of 206,000 shares, the days-to-cover ratio is presently 4.0 days.

Pine Cliff Energy Stock Down 1.1 %

Shares of PIFYF traded down $0.01 during trading hours on Monday, hitting $0.61. The stock had a trading volume of 26,500 shares, compared to its average volume of 76,613. Pine Cliff Energy has a 52 week low of $0.56 and a 52 week high of $1.10. The company’s fifty day moving average is $0.65 and its two-hundred day moving average is $0.69.

About Pine Cliff Energy

Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. The company primarily holds interest in oil and gas properties in the Viking and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas.