Carnarvon Energy Limited (OTCMKTS:CVONF) Sees Large Increase in Short Interest

Carnarvon Energy Limited (OTCMKTS:CVONFGet Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 24,500 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily trading volume, of 10,111 shares, the short-interest ratio is currently 2.4 days.

Carnarvon Energy Stock Performance

CVONF remained flat at C$0.09 during trading on Thursday. The company has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.07. Carnarvon Energy has a twelve month low of C$0.05 and a twelve month high of C$0.09.

Carnarvon Energy Company Profile

(Get Free Report)

Carnarvon Energy (OTCMKTS:CVONF) is an Australia‐based oil and gas exploration and production company focused on the North West Shelf region offshore Western Australia. The company holds both production and exploration permits in the Bedout Sub‐basin, targeting a mix of conventional and emerging hydrocarbon plays.

The flagship asset for Carnarvon is the Dorado project within Production Licence WA-437-P, where it holds a substantial equity stake alongside international industry partners.

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