Short Interest in Archer Limited (OTCMKTS:ARHVF) Expands By 100.0%

Archer Limited (OTCMKTS:ARHVFGet Free Report) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 200 shares, a growth of 100.0% from the December 31st total of 100 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 1.0 days.

Archer Stock Performance

Shares of ARHVF stock opened at $2.43 on Thursday. Archer has a 52-week low of $1.75 and a 52-week high of $3.00. The stock’s 50-day moving average price is $2.21 and its 200 day moving average price is $2.24.

About Archer

(Get Free Report)

Archer Limited, together with its subsidiaries, provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. The company operates in three segments: Platform Operations, Well Services, and Land Drilling. It provides oil tools, wireline services, and coil tubing and pumping services, as well as well construction and completion, well intervention and workover, slot recovery, well plug and abandonment, and surface, geothermal, and CCUS applications.

Further Reading

Receive News & Ratings for Archer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archer and related companies with MarketBeat.com's FREE daily email newsletter.