Chariot Limited (OTCMKTS:OIGLF – Get Free Report) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 14,779 shares, a drop of 85.4% from the May 14th total of 101,443 shares. Based on an average daily volume of 1,301,333 shares, the days-to-cover ratio is presently 0.0 days.
Chariot Stock Performance
OTCMKTS:OIGLF remained flat at $0.02 on Wednesday. 2,716,727 shares of the company’s stock were exchanged, compared to its average volume of 765,540. Chariot has a 1-year low of $0.00 and a 1-year high of $0.07. The stock’s 50 day moving average is $0.02 and its two-hundred day moving average is $0.02.
About Chariot
Chariot is an independent oil and gas exploration and production company headquartered in London. The company’s principal activities involve the identification, acquisition and appraisal of upstream hydrocarbon assets in frontier and emerging basins. Chariot’s portfolio has historically included interests in North-West Africa, with licences in Morocco’s Tangier and Gharb Basins as well as offshore opportunities in Equatorial Guinea.
Since its founding in 2012, Chariot has focused on creating value through exploration drilling, seismic evaluation and farm-out partnerships with international energy firms.
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