Carnarvon Energy Limited (OTCMKTS:CVONF – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 169 shares, an increase of 70.7% from the September 30th total of 99 shares. Based on an average daily volume of 376 shares, the short-interest ratio is currently 0.4 days.
Carnarvon Energy Stock Performance
Shares of Carnarvon Energy stock opened at C$0.07 on Tuesday. Carnarvon Energy has a 1 year low of C$0.06 and a 1 year high of C$0.09. The business has a 50 day moving average price of C$0.06 and a 200 day moving average price of C$0.07.
About Carnarvon Energy
Carnarvon Energy Limited is an Australian oil and gas exploration and production company listed on the Australian Securities Exchange under the symbol CVN and traded in the United States under the symbol CVONF. The company focuses on discovering and developing petroleum resources, with an emphasis on offshore projects in Western Australia.
Carnarvon’s principal exploration interests are in the Bedout Basin, located off the northwest coast of Western Australia. Its portfolio has included the Dorado oil and gas discovery, as well as other prospects and discoveries in the region.
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