Yangarra Resources Ltd. (OTCMKTS:YGRAF – Get Free Report) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 46,178 shares, a decline of 68.0% from the November 30th total of 144,389 shares. Based on an average daily trading volume, of 42,799 shares, the short-interest ratio is presently 1.1 days. Based on an average daily trading volume, of 42,799 shares, the short-interest ratio is presently 1.1 days.
Yangarra Resources Stock Up 1.4%
Shares of YGRAF opened at $0.77 on Friday. Yangarra Resources has a twelve month low of $0.58 and a twelve month high of $0.87. The stock’s fifty day simple moving average is $0.75 and its 200 day simple moving average is $0.74.
About Yangarra Resources
Yangarra Resources Ltd. is a Canadian energy company engaged in the exploration, development and production of light crude oil, natural gas and natural gas liquids. The company focuses on applying modern drilling technologies—such as horizontal drilling and multi-stage hydraulic fracturing—to optimize recovery from its resource plays. Yangarra aims to balance production growth with capital efficiency by prioritizing high?return drilling locations and cost management throughout its operational cycle.
Yangarra’s core assets are concentrated in the Montney formation in west?central Alberta, where it holds significant land positions and development rights.
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