Pantheon Resrcs (OTCMKTS:PTHRF) Short Interest Update

Key Points

• Short interest fell 34.2% to 467,862 shares as of March 13, and with average daily volume of 1,175,811 shares the short-interest ratio is just 0.4 days, with the report showing 0.0% of shares short—indicating minimal short-selling pressure.
• Shares opened at $0.15 and trade within a 12-month range of $0.09–$0.91, with a 50-day moving average of $0.11 and a 200-day moving average of $0.23, reflecting recent trading below the longer-term average.
• Pantheon Resources is an independent oil and gas exploration company holding offshore and onshore licenses in the Republic of Georgia, with a current and quick ratio of 1.24 and a debt-to-equity ratio of 0.08.

Pantheon Resrcs (OTCMKTS:PTHRF - Get Free Report) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 467,862 shares, a drop of 34.2% from the February 26th total of 711,391 shares. Based on an average daily trading volume, of 1,175,811 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Pantheon Resrcs Price Performance

Shares of OTCMKTS PTHRF opened at $0.15 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.08. Pantheon Resrcs has a 12 month low of $0.09 and a 12 month high of $0.91. The stock has a 50 day moving average of $0.11 and a 200-day moving average of $0.23.

About Pantheon Resrcs

Pantheon Resources Ltd. is an independent oil and gas exploration and appraisal company that focuses on upstream activities in emerging frontier basins. The company acquires and evaluates exploration licenses, undertakes seismic surveys and environmental studies, and plans and executes drilling programs to assess hydrocarbon potential. Its core objective is to advance early-stage exploration projects to the point of commercial discovery or farm-out.

Pantheon Resources holds a portfolio of offshore and onshore licenses in the Republic of Georgia, awarded by the Georgian Ministry of Economy and Sustainable Development.

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