Carnarvon Energy Limited (OTCMKTS:CVONF) Short Interest Update

Carnarvon Energy Limited (OTCMKTS:CVONFGet Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 14,954 shares, a decline of 39.0% from the June 15th total of 24,500 shares. Based on an average trading volume of 2,091 shares, the short-interest ratio is currently 7.2 days.

Carnarvon Energy Price Performance

OTCMKTS CVONF opened at C$0.08 on Friday. Carnarvon Energy has a 1-year low of C$0.06 and a 1-year high of C$0.09. The firm’s fifty day simple moving average is C$0.08 and its 200-day simple moving average is C$0.07.

About Carnarvon Energy

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Carnarvon Energy (OTCMKTS:CVONF) is an Australia?based oil and gas exploration and production company focused on the North West Shelf region offshore Western Australia. The company holds both production and exploration permits in the Bedout Sub?basin, targeting a mix of conventional and emerging hydrocarbon plays.

The flagship asset for Carnarvon is the Dorado project within Production Licence WA-437-P, where it holds a substantial equity stake alongside international industry partners.

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