Short Interest in Pantheon Resources Plc (OTCMKTS:PTHRF) Declines By 64.2%

Pantheon Resources Plc (OTCMKTS:PTHRF) was the target of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 154,500 shares, a decline of 64.2% from the May 15th total of 431,100 shares. Based on an average daily trading volume, of 2,627,300 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Pantheon Resources Trading Up 2.2%

OTCMKTS PTHRF traded up $0.01 during trading on Friday, reaching $0.37. The company’s stock had a trading volume of 34,200 shares, compared to its average volume of 582,538. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.79 and a quick ratio of 0.79. Pantheon Resources has a 1-year low of $0.19 and a 1-year high of $0.94. The business has a 50-day moving average price of $0.46 and a 200-day moving average price of $0.55.

About Pantheon Resources

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Alkaid project that covers that covers 40,000 acres located in Alaska; and the Kodiak project covering an area of approximately 124,000 acres located in Alaska.