Short Interest in Orca Energy Group Inc. (OTCMKTS:ORXGF) Declines By 99.9%

Orca Energy Group Inc. (OTCMKTS:ORXGF) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 2 shares, a decline of 99.9% from the May 31st total of 1,881 shares. Based on an average daily trading volume, of 3,527 shares, the days-to-cover ratio is currently 0.0 days.

Orca Energy Group Trading Down 2.8%

Shares of ORXGF stock traded down $0.06 during trading hours on Thursday, hitting $1.92. 11,500 shares of the company were exchanged, compared to its average volume of 3,058. The firm has a fifty day moving average of $2.50 and a 200 day moving average of $2.61. Orca Energy Group has a 1 year low of $1.84 and a 1 year high of $3.75.

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. Orca Energy Group Inc was incorporated in 2004 and is based in Road Town, British Virgin Islands.