Afentra plc (OTCMKTS:STGAF) Sees Large Growth in Short Interest

Afentra plc (OTCMKTS:STGAFGet Free Report) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 4,785 shares, a growth of 104.7% from the July 30th total of 2,337 shares. Based on an average daily volume of 3,018 shares, the short-interest ratio is currently 1.6 days.

Afentra Stock Performance

STGAF stock opened at $0.90 on Friday. Afentra has a 12-month low of $0.48 and a 12-month high of $1.09. The company has a 50 day moving average of $0.88 and a two-hundred day moving average of $0.91.

About Afentra

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Afentra PLC (OTCMKTS: STGAF) is an independent upstream oil and gas exploration and production company with a portfolio of assets located in the UK Continental Shelf and the Norwegian North Sea. Headquartered in London, Afentra holds interests in a mix of producing fields and exploration licenses, targeting small to mid-sized opportunities that offer near-term cash flow potential and upside through resource maturation.

The company’s core business activities encompass field development, optimization of mature assets and ongoing exploration.

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