Pantheon Resources Plc (OTCMKTS:PTHRF) Sees Significant Increase in Short Interest

Pantheon Resources Plc (OTCMKTS:PTHRF) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 362,300 shares, a growth of 210.5% from the February 28th total of 116,700 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 866,900 shares, the short-interest ratio is presently 0.4 days.

Pantheon Resources Stock Performance

Pantheon Resources stock traded up $0.04 during midday trading on Friday, hitting $0.89. The company’s stock had a trading volume of 801,892 shares, compared to its average volume of 554,210. The company has a 50-day moving average price of $0.75 and a two-hundred day moving average price of $0.46. Pantheon Resources has a 1-year low of $0.19 and a 1-year high of $0.94. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.79 and a quick ratio of 0.79.

Pantheon Resources Company Profile

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Alkaid project that covers that covers 40,000 acres located in Alaska; and the Kodiak project covering an area of approximately 124,000 acres located in Alaska.