Dno Asa (OTCMKTS:DTNOF – Get Free Report) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 291,681 shares, a decline of 43.8% from the June 30th total of 519,191 shares. Based on an average trading volume of 9,957 shares, the short-interest ratio is currently 29.3 days.
Dno Asa Stock Performance
Shares of DTNOF traded down $0.15 during midday trading on Friday, hitting $1.71. The stock had a trading volume of 51,000 shares, compared to its average volume of 8,612. The company has a 50 day simple moving average of $1.87 and a two-hundred day simple moving average of $1.86. Dno Asa has a twelve month low of $1.20 and a twelve month high of $2.30.
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.
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