Jericho Energy Ventures Inc. (OTCMKTS:JROOF) Short Interest Down 42.2% in July

Jericho Energy Ventures Inc. (OTCMKTS:JROOF) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 15,230 shares, a decline of 42.2% from the June 30th total of 26,339 shares. Based on an average daily volume of 238,474 shares, the days-to-cover ratio is currently 0.1 days.

Jericho Energy Ventures Price Performance

Jericho Energy Ventures stock traded up $0.01 during trading hours on Wednesday, hitting $0.17. The company had a trading volume of 35,175 shares, compared to its average volume of 84,418. The company has a 50-day moving average price of $0.13 and a two-hundred day moving average price of $0.09. Jericho Energy Ventures has a 1 year low of $0.03 and a 1 year high of $0.25.

About Jericho Energy Ventures

Jericho Energy Ventures, Inc (OTCMKTS: JROOF) is an energy investment and production company focused on acquiring, operating and optimizing undervalued oil and gas assets across the United States. The company seeks to build a diversified portfolio of onshore producing properties, deploying capital and technical expertise to enhance recovery rates, extend well life and improve operational efficiency. By targeting non-core or underperforming assets, Jericho aims to unlock value through recompletions, workovers and infrastructure upgrades.

Jericho’s business model combines private-equity style asset selection with hands-on operational management.