Arrow Exploration Corp. (OTCMKTS:CSTPF – Get Free Report) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 124,774 shares, a drop of 47.9% from the September 30th total of 239,476 shares. Based on an average trading volume of 81,579 shares, the days-to-cover ratio is currently 1.5 days.
Arrow Exploration Price Performance
Shares of CSTPF stock opened at C$0.54 on Friday. Arrow Exploration has a one year low of C$0.12 and a one year high of C$0.59. The company’s 50-day moving average is C$0.47 and its 200 day moving average is C$0.35.
Arrow Exploration Company Profile
Arrow Exploration Corp. is an oil and gas exploration and production company focused on developing hydrocarbon assets in Colombia. The company’s activities include drilling, evaluating, completing and producing oil and natural gas wells, with an emphasis on increasing production from its existing asset base and identifying additional development opportunities.
Arrow’s Colombian operations are concentrated in the Llanos Basin, one of the country’s principal hydrocarbon-producing regions.
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