Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) Short Interest Up 600.0% in August

Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 700 shares, a growth of 600.0% from the August 15th total of 100 shares. Based on an average daily volume of 37,700 shares, the short-interest ratio is presently 0.0 days.

Eco (Atlantic) Oil & Gas Stock Performance

ECAOF stock opened at $0.15 on Friday. The business’s fifty day moving average price is $0.16 and its 200 day moving average price is $0.15. Eco has a 12-month low of $0.06 and a 12-month high of $0.22.

About Eco (Atlantic) Oil & Gas

Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and 17.5% interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana.