Dno Asa (OTCMKTS:DTNOF) Short Interest Down 43.8% in July

Dno Asa (OTCMKTS:DTNOF) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 291,681 shares, a decline of 43.8% from the June 30th total of 519,191 shares. Based on an average daily volume of 9,957 shares, the days-to-cover ratio is currently 29.3 days.

Dno Asa Stock Performance

Shares of Dno Asa stock opened at $1.86 on Thursday. The company has a 50-day simple moving average of $1.87 and a 200 day simple moving average of $1.86. Dno Asa has a 12-month low of $1.20 and a 12-month high of $2.30.

Dno Asa Company Profile

DNO ASA is an independent upstream oil and gas company headquartered in Oslo, Norway. Established in 1971, the company focuses on the exploration, development and production of hydrocarbon resources in key international markets. DNO’s strategy centers on high-margin, long-life oil fields and value accretion from early-stage exploration successes.

The company’s core assets are concentrated in the Middle East, notably in the Kurdistan Region of Iraq, where it operates the Tawke and Peshkabir fields under long-term production sharing contracts.