Short Interest in Pantheon Resources Plc (OTCMKTS:PTHRF) Expands By 31.9%

Pantheon Resources Plc (OTCMKTS:PTHRF) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,143,600 shares, an increase of 31.9% from the March 31st total of 866,900 shares. Based on an average daily volume of 1,206,900 shares, the days-to-cover ratio is currently 0.9 days.

Pantheon Resources Price Performance

Shares of PTHRF traded up $0.03 during mid-day trading on Monday, hitting $0.47. 398,782 shares of the company’s stock were exchanged, compared to its average volume of 362,025. Pantheon Resources has a fifty-two week low of $0.12 and a fifty-two week high of $0.60. The business’s 50 day moving average is $0.38 and its two-hundred day moving average is $0.33.

About Pantheon Resources

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Alkaid project that covers that covers 40,000 acres located in Alaska; and the Kodiak project covering an area of approximately 124,000 acres located in Alaska.