Pantheon Resrcs (OTCMKTS:PTHRF) Short Interest Down 40.7% in August

Key Points

• Pantheon Resources saw a significant 40.7% decrease in short interest during August, with total short interest dropping from 321,400 shares to 190,500 shares as of August 31st.
• The company’s stock price declined by 0.5%, reaching $0.36, with a 1-year low of $0.19 and a high of $0.94.
• Pantheon Resources is primarily involved in the exploration and production of oil and gas in the United States, focusing on projects in Alaska.

Pantheon Resrcs (OTCMKTS:PTHRF - Get Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 190,500 shares, a drop of 40.7% from the August 15th total of 321,400 shares. Based on an average daily volume of 548,900 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company's shares are sold short. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 548,900 shares, the short-interest ratio is currently 0.3 days.

Pantheon Resrcs Stock Performance

Shares of PTHRF stock traded up $0.01 during mid-day trading on Friday, reaching $0.36. The company's stock had a trading volume of 424,870 shares, compared to its average volume of 493,521. Pantheon Resrcs has a 12-month low of $0.19 and a 12-month high of $0.94. The company's 50 day simple moving average is $0.36 and its 200-day simple moving average is $0.47.

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.