Pantheon Resrcs (OTCMKTS:PTHRF) Sees Significant Decrease in Short Interest

Key Points

• Pantheon Resources saw a dramatic decline in short interest, dropping by 79.0% from 715,400 shares to 150,200 shares as of July 31st.
• The stock is currently trading at $0.34, with a 52-week range between $0.19 and $0.94.
• Pantheon Resources is involved in the exploration and production of oil and gas in the United States, primarily focusing on projects located in Alaska.

Pantheon Resrcs (OTCMKTS:PTHRF - Get Free Report) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 150,200 shares, adropof79.0% from the July 15th total of 715,400 shares. Based on an average trading volume of 800,900 shares, the short-interest ratio is currently 0.2 days. Currently,0.0% of the company's shares are sold short. Currently,0.0% of the company's shares are sold short. Based on an average trading volume of 800,900 shares, the short-interest ratio is currently 0.2 days.

Pantheon Resrcs Stock Up 0.1%

Shares of OTCMKTS:PTHRF traded up $0.0004 during midday trading on Wednesday, reaching $0.43. The company's stock had a trading volume of 66,999 shares, compared to its average volume of 298,820. Pantheon Resrcs has a fifty-two week low of $0.1901 and a fifty-two week high of $0.94. The firm has a 50 day moving average price of $0.33 and a two-hundred day moving average price of $0.53.

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.