Orca Energy Group Inc. (OTCMKTS:ORXGF) Short Interest Up 148,550.0% in June

Orca Energy Group Inc. (OTCMKTS:ORXGF) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,973 shares, a growth of 148,550.0% from the June 15th total of 2 shares. Based on an average trading volume of 6,814 shares, the short-interest ratio is presently 0.4 days.

Orca Energy Group Price Performance

Orca Energy Group stock remained flat at $2.07 during trading hours on Friday. The business’s fifty day moving average is $2.32 and its 200-day moving average is $2.57. Orca Energy Group has a 1 year low of $1.84 and a 1 year high of $3.75.

Orca Energy Group Company Profile

Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020. Orca Energy Group Inc was incorporated in 2004 and is based in Road Town, British Virgin Islands.