Gear Energy Ltd. (OTCMKTS:GENGF) Short Interest Update

Gear Energy Ltd. (OTCMKTS:GENGF) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totalling 1,822,900 shares, a growth of 6.6% from the June 30th total of 1,710,400 shares. Based on an average daily volume of 48,700 shares, the short-interest ratio is currently 37.4 days.

Gear Energy Stock Up 3.0 %

Shares of GENGF traded up $0.02 during mid-day trading on Thursday, reaching $0.52. 63,124 shares of the stock traded hands, compared to its average volume of 98,316. Gear Energy has a 1 year low of $0.44 and a 1 year high of $0.68. The firm has a fifty day moving average price of $0.51 and a 200 day moving average price of $0.50.

About Gear Energy

Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan.