Dno Asa (OTCMKTS:DTNOF) Sees Large Decrease in Short Interest

Dno Asa (OTCMKTS:DTNOFGet Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 8,564,900 shares, a drop of 5.8% from the April 30th total of 9,088,500 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is currently 883.0 days.

Dno Asa Stock Up 7.7 %

Shares of OTCMKTS DTNOF traded up $0.08 during midday trading on Monday, hitting $1.12. The stock had a trading volume of 30,000 shares, compared to its average volume of 20,600. The company’s 50-day simple moving average is $0.99 and its 200 day simple moving average is $0.95. Dno Asa has a fifty-two week low of $0.83 and a fifty-two week high of $1.12.

Dno Asa Company Profile

(Get Free Report)

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa.

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