Dno Asa (OTCMKTS:DTNOF) Short Interest Down 18.4% in February

Dno Asa (OTCMKTS:DTNOF) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 1,664,770 shares, a drop of 18.4% from the January 29th total of 2,039,756 shares. Based on an average trading volume of 16,633 shares, the short-interest ratio is presently 100.1 days. Based on an average trading volume of 16,633 shares, the short-interest ratio is presently 100.1 days.

Dno Asa Stock Performance

DTNOF opened at $1.62 on Thursday. The company has a 50 day simple moving average of $1.63 and a two-hundred day simple moving average of $1.50. Dno Asa has a 1-year low of $1.07 and a 1-year high of $1.69.

Dno Asa Company Profile

DNO ASA is an independent upstream oil and gas company headquartered in Oslo, Norway. Established in 1971, the company focuses on the exploration, development and production of hydrocarbon resources in key international markets. DNO’s strategy centers on high-margin, long-life oil fields and value accretion from early-stage exploration successes.

The company’s core assets are concentrated in the Middle East, notably in the Kurdistan Region of Iraq, where it operates the Tawke and Peshkabir fields under long-term production sharing contracts.