Carnarvon Energy Limited (OTCMKTS:CVONF) Short Interest Up 63.0% in October

Carnarvon Energy Limited (OTCMKTS:CVONF) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 13,200 shares, an increase of 63.0% from the October 15th total of 8,100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Carnarvon Energy Price Performance

Carnarvon Energy stock opened at C$0.10 on Friday. The stock’s 50 day moving average is C$0.11 and its 200 day moving average is C$0.12. Carnarvon Energy has a one year low of C$0.09 and a one year high of C$0.16.

About Carnarvon Energy

Carnarvon Energy Limited engages in the exploration, development, and production of oil and gas properties in Australia. It is also involved in the renewable fuels business. The company owns various interests in the Dorado, Pavo, Roc, Phoenix, and Phoenix South project located in the Bedout Sub-basin permits of Western Australia.