Short Interest in Chariot Limited (OTCMKTS:OIGLF) Declines By 96.0%

Chariot Limited (OTCMKTS:OIGLF) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 67,864 shares, a drop of 96.0% from the July 15th total of 1,679,698 shares. Based on an average daily trading volume, of 85,735 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the company’s stock are short sold.

Chariot Price Performance

Chariot stock remained flat at $0.01 during trading hours on Tuesday. Chariot has a 52 week low of $0.00 and a 52 week high of $0.07. The company has a fifty day moving average of $0.02 and a 200-day moving average of $0.02.

Chariot Company Profile

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.