Short Interest in Pantheon Resrcs (OTCMKTS:PTHRF) Declines By 74.0%

Pantheon Resrcs (OTCMKTS:PTHRFGet Free Report) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 83,000 shares, a drop of 74.0% from the May 31st total of 318,719 shares. Based on an average daily volume of 955,194 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Pantheon Resrcs Stock Performance

Shares of OTCMKTS PTHRF opened at $0.17 on Friday. The company’s 50 day moving average price is $0.18 and its 200-day moving average price is $0.15. Pantheon Resrcs has a 52-week low of $0.09 and a 52-week high of $0.45.

Pantheon Resrcs Company Profile

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Pantheon Resources Ltd. is an independent oil and gas exploration and appraisal company that focuses on upstream activities in emerging frontier basins. The company acquires and evaluates exploration licenses, undertakes seismic surveys and environmental studies, and plans and executes drilling programs to assess hydrocarbon potential. Its core objective is to advance early-stage exploration projects to the point of commercial discovery or farm-out.

Pantheon Resources holds a portfolio of offshore and onshore licenses in the Republic of Georgia, awarded by the Georgian Ministry of Economy and Sustainable Development.

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