Pine Cliff Energy Ltd. (OTCMKTS:PIFYF) Sees Large Increase in Short Interest

Pine Cliff Energy Ltd. (OTCMKTS:PIFYF) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 847,400 shares, a growth of 68.2% from the September 15th total of 503,800 shares. Based on an average daily trading volume, of 237,000 shares, the short-interest ratio is presently 3.6 days.

Pine Cliff Energy Price Performance

OTCMKTS:PIFYF opened at $0.73 on Monday. The business’s 50-day simple moving average is $0.71 and its two-hundred day simple moving average is $0.72. Pine Cliff Energy has a 52 week low of $0.61 and a 52 week high of $1.22.

About Pine Cliff Energy

Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. The company primarily holds interest in oil and gas properties in the Viking and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas.