Dno Asa (OTCMKTS:DTNOF) Short Interest Update

Dno Asa (OTCMKTS:DTNOF) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 971,128 shares, a decrease of 40.2% from the February 26th total of 1,623,890 shares. Based on an average daily volume of 6,884 shares, the short-interest ratio is presently 141.1 days.

Dno Asa Stock Up 8.5%

Shares of Dno Asa stock traded up $0.18 during trading on Friday, hitting $2.23. 5,000 shares of the stock traded hands, compared to its average volume of 10,512. The company has a fifty day moving average price of $1.72 and a two-hundred day moving average price of $1.55. Dno Asa has a twelve month low of $1.07 and a twelve month high of $2.23.

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.