Prio S.A. (OTCMKTS:PTRRY) Sees Significant Decrease in Short Interest

Prio S.A. (OTCMKTS:PTRRY) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 13,300 shares, a drop of 17.9% from the December 15th total of 16,200 shares. Based on an average daily volume of 14,400 shares, the short-interest ratio is presently 0.9 days.

Prio Stock Down 4.9 %

PTRRY stock opened at C$7.07 on Friday. Prio has a 52 week low of C$6.32 and a 52 week high of C$10.20. The firm’s fifty day moving average is C$6.86 and its 200 day moving average is C$7.68.

About Prio

Prio SA, together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro.