Vår Energi AS (OTCMKTS:VARRY) Shares Shorted: Short Interest Up 102.0% in September

Vår Energi AS (OTCMKTS:VARRY) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,970 shares, a growth of 102.0% from the August 31st total of 1,470 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 293,427 shares, the short-interest ratio is currently 0.0 days.

Vår Energi AS Stock Performance

VARRY opened at $11.00 on Tuesday. The stock’s fifty day moving average is $10.45 and its two-hundred day moving average is $9.90. Vår Energi AS has a 52 week low of $6.03 and a 52 week high of $12.00.

Vår Energi AS Company Profile

Vår Energi AS is a Norwegian independent oil and gas company focused on exploration, development and production activities on the Norwegian Continental Shelf. The company produces crude oil, natural gas and natural gas liquids from offshore fields and participates in the development of new petroleum resources.

Vår Energi was established in 2018 through the combination of Eni Norge and Point Resources. Its portfolio includes operated and non-operated interests in fields such as Goliat, Balder, Ringhorne and Johan Castberg, as well as exploration licenses and development projects in the Barents Sea, Norwegian Sea and North Sea.

Headquartered in Stavanger, Norway, the company’s operations are concentrated on the Norwegian Continental Shelf.