Dno Asa (OTCMKTS:DTNOF) Short Interest Up 416.4% in August

Dno Asa (OTCMKTS:DTNOF) was the target of a large increase in short interest in August. As of August 31st, there was short interest totalling 982,800 shares, an increase of 416.4% from the August 15th total of 190,300 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 4,914.0 days.

Dno Asa stock opened at $0.91 on Wednesday. The company’s fifty day simple moving average is $1.08 and its 200-day simple moving average is $1.11. Dno Asa has a 12 month low of $0.45 and a 12 month high of $1.29.

About Dno Asa

DNO ASA engages in the exploration, development, and production of international oil and gas. It operates through the following segments: Kurdistan, North Sea, and Other. The Kurdistan segment involves in the gross production at the Tawke license, containing the Tawke and Peshkabir fields. The North Sea segment comprises of nine fields in Norway and four fields in the United Kingdom.

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