Will ATHABASCA OIL CORPORATION ORDINARY SHARE (OTCMKTS:ATHOF) Run Out of Steam Soon? Short Interest is Up

October 2, 2018 - By Adrian Erickson

Athabasca Oil Corporation (OTCMKTS:ATHOF) Logo

The stock of ATHABASCA OIL CORPORATION ORDINARY SHARE (OTCMKTS:ATHOF) registered an increase of 8.32% in short interest. ATHOF’s total short interest was 14.07M shares in October as published by FINRA. Its up 8.32% from 12.99M shares, reported previously. With 82,400 shares average volume, it will take short sellers 171 days to cover their ATHOF’s short positions.

The stock decreased 0.81% or $0.0109 during the last trading session, reaching $1.3391. About 20,725 shares traded. Athabasca Oil Corporation (OTCMKTS:ATHOF) has 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. The company has market cap of $676.97 million. The firm operates in Light Oil and Thermal Oil divisions. It currently has negative earnings. The Company’s principal properties are the Kaybob and Placid asset areas located in northwestern Alberta; and the Hangingstone asset in northeastern Alberta.

Another recent and important Athabasca Oil Corporation (OTCMKTS:ATHOF) news was published by Seekingalpha.com which published an article titled: “New rules on sulfur could make 20% of oil sands output uneconomical” on September 06, 2018.

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