Africa Energy Corp. (OTCMKTS:HPMCF) Short Interest Down 7.4% in June

Africa Energy Corp. (OTCMKTS:HPMCF) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totalling 12,500 shares, a decline of 7.4% from the June 15th total of 13,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Africa Energy Stock Performance

HPMCF stock traded down $0.00 during midday trading on Tuesday, reaching $0.05. The company had a trading volume of 20,000 shares, compared to its average volume of 21,411. The stock has a 50 day moving average price of $0.07 and a 200 day moving average price of $0.07. Africa Energy has a fifty-two week low of $0.03 and a fifty-two week high of $0.09.

Africa Energy Company Profile

Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia. The company focuses on potential gas condensate development on Block 11B/12B offshore in South Africa. It holds interest in the Block 2B offshore the Republic of South Africa. The company was formerly known as Horn Petroleum Corporation and changed its name to Africa Energy Corp.