Dno Asa (OTCMKTS:DTNOF) Sees Large Drop in Short Interest

Dno Asa (OTCMKTS:DTNOFGet Free Report) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 291,681 shares, a decrease of 43.8% from the June 30th total of 519,191 shares. Based on an average daily trading volume, of 9,957 shares, the short-interest ratio is presently 29.3 days.

Dno Asa Price Performance

DTNOF opened at $1.86 on Wednesday. The business’s fifty day simple moving average is $1.88 and its 200 day simple moving average is $1.86. Dno Asa has a 52 week low of $1.20 and a 52 week high of $2.30.

Dno Asa Company Profile

(Get Free Report)

DNO ASA is an independent upstream oil and gas company headquartered in Oslo, Norway. Established in 1971, the company focuses on the exploration, development and production of hydrocarbon resources in key international markets. DNO’s strategy centers on high-margin, long-life oil fields and value accretion from early-stage exploration successes.

The company’s core assets are concentrated in the Middle East, notably in the Kurdistan Region of Iraq, where it operates the Tawke and Peshkabir fields under long-term production sharing contracts.

Further Reading

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