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Short Interest in Pantheon Resources Plc (OTCMKTS:PTHRF) Declines By 68.3%

Pantheon Resources logo with Oils/Energy background

Pantheon Resources Plc (OTCMKTS:PTHRF - Get Free Report) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 396,900 shares, a decrease of 68.3% from the January 15th total of 1,251,500 shares. Based on an average daily volume of 1,722,500 shares, the days-to-cover ratio is presently 0.2 days.

Pantheon Resources Price Performance

OTCMKTS:PTHRF traded up $0.04 during midday trading on Friday, hitting $0.77. The stock had a trading volume of 448,831 shares, compared to its average volume of 733,919. Pantheon Resources has a one year low of $0.19 and a one year high of $0.83. The stock has a 50-day moving average of $0.49 and a 200 day moving average of $0.34. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.05.

About Pantheon Resources

(Get Free Report)

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.

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