Chariot Limited (OTCMKTS:OIGLF) Sees Significant Drop in Short Interest

Chariot Limited (OTCMKTS:OIGLFGet Free Report) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 14,779 shares, a decline of 85.4% from the May 14th total of 101,443 shares. Based on an average daily trading volume, of 1,301,333 shares, the short-interest ratio is currently 0.0 days.

Chariot Stock Performance

Shares of OTCMKTS OIGLF remained flat at $0.02 during midday trading on Thursday. 2,716,727 shares of the stock were exchanged, compared to its average volume of 765,540. Chariot has a 52 week low of $0.00 and a 52 week high of $0.07. The stock’s fifty day moving average price is $0.02 and its 200 day moving average price is $0.02.

Chariot Company Profile

(Get Free Report)

Chariot is an independent oil and gas exploration and production company headquartered in London. The company’s principal activities involve the identification, acquisition and appraisal of upstream hydrocarbon assets in frontier and emerging basins. Chariot’s portfolio has historically included interests in North-West Africa, with licences in Morocco’s Tangier and Gharb Basins as well as offshore opportunities in Equatorial Guinea.

Since its founding in 2012, Chariot has focused on creating value through exploration drilling, seismic evaluation and farm-out partnerships with international energy firms.

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