Pantheon Resrcs (OTCMKTS:PTHRF) Short Interest Update

Key Points

• Pantheon Resources experienced a significant increase in short interest, rising by 274.2% to a total of 712,800 shares as of September 15th, compared to August.
• The stock is currently trading down 0.9%, with a recent opening price of $0.34 and a one-year price range between $0.21 and $0.94.
• Pantheon Resources focuses on the exploration and production of oil and gas in the US, primarily with projects in Alaska covering approximately 164,000 acres.

Pantheon Resrcs (OTCMKTS:PTHRF - ) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 712,800 shares, a growth of 274.2% from the August 31st total of 190,500 shares. Based on an average daily trading volume, of 1,007,000 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 1,007,000 shares, the days-to-cover ratio is currently 0.7 days.

Pantheon Resrcs Trading Down 0.9%

Shares of Pantheon Resrcs stock opened at $0.34 on Thursday. The company has a 50-day moving average of $0.36 and a 200 day moving average of $0.44. Pantheon Resrcs has a 1 year low of $0.21 and a 1 year high of $0.94.

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.