Pantheon Resrcs (OTCMKTS:PTHRF) Sees Large Increase in Short Interest

Key Points

• Pantheon Resources (OTCMKTS:PTHRF) experienced a significant increase in short interest, rising by 190.1% from 246,600 shares to 715,400 shares as of July 15th.
• The stock has seen fluctuations with a 52-week low of $0.19 and a high of $0.94, currently trading at around $0.30.
• Pantheon Resources focuses on the exploration and production of oil and gas, with major projects located in Alaska covering approximately 164,000 acres combined.

Pantheon Resrcs (OTCMKTS:PTHRF - ) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 715,400 shares, agrowthof190.1% from the June 30th total of 246,600 shares. Based on an average trading volume of 799,200 shares, the days-to-cover ratio is currently 0.9 days. Based on an average trading volume of 799,200 shares, the days-to-cover ratio is currently 0.9 days.

Pantheon Resrcs Stock Performance

Shares of OTCMKTS:PTHRF opened at $0.30 on Monday. Pantheon Resrcs has a 52-week low of $0.19 and a 52-week high of $0.94. The stock's fifty day simple moving average is $0.34 and its 200-day simple moving average is $0.55.

Pantheon Resrcs Company Profile

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Alkaid project that covers that covers 40,000 acres located in Alaska; and the Kodiak project covering an area of approximately 124,000 acres located in Alaska.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.