Jericho Energy Ventures Inc. (OTCMKTS:JROOF – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 40,090 shares, a growth of 163.2% from the July 15th total of 15,230 shares. Based on an average daily volume of 93,045 shares, the days-to-cover ratio is currently 0.4 days.
Jericho Energy Ventures Stock Performance
OTCMKTS:JROOF opened at $0.16 on Friday. Jericho Energy Ventures has a fifty-two week low of $0.03 and a fifty-two week high of $0.25. The company’s 50-day simple moving average is $0.15 and its 200-day simple moving average is $0.10.
Jericho Energy Ventures Company Profile
Jericho Energy Ventures, Inc (OTCMKTS: JROOF) is an energy investment and production company focused on acquiring, operating and optimizing undervalued oil and gas assets across the United States. The company seeks to build a diversified portfolio of onshore producing properties, deploying capital and technical expertise to enhance recovery rates, extend well life and improve operational efficiency. By targeting non-core or underperforming assets, Jericho aims to unlock value through recompletions, workovers and infrastructure upgrades.
Jericho’s business model combines private-equity style asset selection with hands-on operational management.
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