Arrow Exploration Corp. (OTCMKTS:CSTPF) Stock Short Interest Drops 47.9%

Arrow Exploration Corp. (OTCMKTS:CSTPF) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 124,774 shares, a drop of 47.9% from the September 30th total of 239,476 shares. Based on an average daily volume of 81,579 shares, the days-to-cover ratio is currently 1.5 days.

Arrow Exploration Stock Down 0.2%

Shares of OTCMKTS:CSTPF traded down C$0.00 on Friday, reaching C$0.54. 13,100 shares of the company’s stock were exchanged, compared to its average volume of 93,552. The business’s 50-day moving average is C$0.47 and its two-hundred day moving average is C$0.35. Arrow Exploration has a fifty-two week low of C$0.12 and a fifty-two week high of C$0.59.

Arrow Exploration Company Profile

Arrow Exploration Corp. is an oil and gas exploration and production company focused on developing hydrocarbon assets in Colombia. The company’s activities include drilling, evaluating, completing and producing oil and natural gas wells, with an emphasis on increasing production from its existing asset base and identifying additional development opportunities.

Arrow’s Colombian operations are concentrated in the Llanos Basin, one of the country’s principal hydrocarbon-producing regions.