Orca Energy Group Inc. (OTCMKTS:ORXGF) Short Interest Up 1,800.0% in December

Orca Energy Group Inc. (OTCMKTS:ORXGF) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,900 shares, a growth of 1,800.0% from the November 30th total of 100 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 1.5 days.

Orca Energy Group Trading Up 11.1 %

OTCMKTS ORXGF traded up $0.22 during trading hours on Friday, hitting $2.21. 9,600 shares of the company’s stock were exchanged, compared to its average volume of 2,218. The stock has a 50-day simple moving average of $2.05 and a 200 day simple moving average of $2.36. Orca Energy Group has a 1-year low of $1.82 and a 1-year high of $3.30.

About Orca Energy Group

Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020.