Is Buying CHARIOT OIL &amp GAS LTD ST. PETER (OTCMKTS:OIGLF), Having Higher Short Interest a Winning Strategy?

October 11, 2018 - By Clifton Ray

The stock of CHARIOT OIL &amp GAS LTD ST. PETER (OTCMKTS:OIGLF) registered an increase of 33.33% in short interest. OIGLF’s total short interest was 1,600 shares in October as published by FINRA. Its up 33.33% from 1,200 shares, reported previously. With 6,600 shares average volume, it will take short sellers 0 days to cover their OIGLF’s short positions.

The stock decreased 57.09% or $0.061 during the last trading session, reaching $0.046. About 113,000 shares traded or 1474.91% up from the average. Chariot Oil & Gas Limited (OTCMKTS:OIGLF) has 0.00% since October 11, 2017 and is . It has underperformed by 15.62% the S&P500.

Chariot Oil & Gas Limited, together with its subsidiaries, engages in the gas and oil exploration business. The company has market cap of $17.69 million. It holds licenses covering four blocks in Namibia; three blocks in Morocco; and four blocks in the Barreirinhas Basin offshore Brazil. It currently has negative earnings.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>