Jericho Energy Ventures Inc. (OTCMKTS:JROOF) Sees Large Growth in Short Interest

Jericho Energy Ventures Inc. (OTCMKTS:JROOF) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 700 shares, a growth of 75.0% from the March 15th total of 400 shares. Based on an average daily volume of 24,300 shares, the short-interest ratio is presently 0.0 days.

Jericho Energy Ventures Price Performance

Shares of JROOF stock opened at $0.14 on Thursday. Jericho Energy Ventures has a 12 month low of $0.06 and a 12 month high of $0.18. The company’s fifty day simple moving average is $0.11 and its 200-day simple moving average is $0.10.

About Jericho Energy Ventures

Jericho Energy Ventures Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in the United States. It also invests in hydrogen technologies, energy storage, carbon capture, and new energy systems. The company was formerly known as Jericho Oil Corporation and changed its name to Jericho Energy Ventures Inc in March 2021.