Challenger Energy Group PLC (OTCMKTS:BSHPF) Short Interest Up 592.6% in March

Challenger Energy Group PLC (OTCMKTS:BSHPF) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 18,700 shares, an increase of 592.6% from the March 15th total of 2,700 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is currently 4.9 days.

Challenger Energy Group Stock Performance

Shares of BSHPF opened at $0.12 on Tuesday. The business’s fifty day simple moving average is $0.12 and its two-hundred day simple moving average is $0.11. Challenger Energy Group has a 12 month low of $0.07 and a 12 month high of $0.38.

About Challenger Energy Group

Challenger Energy Group PLC engages in the development, production, appraisal, and exploration of oil and gas properties. Its property portfolio consists of four producing fields in Trinidad and Tobago; a 100% working interest in AREA OFF-1 block and operates 14,557 square kilometers in Uruguay; 100% interest in four exploration licenses in the Bahamas; and a 100% interest in Weg naar Zee Project located in Suriname.