Prio S.A. (OTCMKTS:PTRRY) Short Interest Up 877.0% in May

Prio S.A. (OTCMKTS:PTRRY) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 246,131 shares, a growth of 877.0% from the May 14th total of 25,193 shares. Based on an average daily volume of 120,561 shares, the days-to-cover ratio is presently 2.0 days.

Prio Stock Performance

PTRRY stock opened at C$12.73 on Wednesday. Prio has a 1-year low of C$6.52 and a 1-year high of C$14.37. The business has a 50 day simple moving average of C$13.02 and a two-hundred day simple moving average of C$10.57.

Prio Company Profile

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. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia.