Short Interest in Pantheon Resources Plc (OTCMKTS:PTHRF) Drops By 65.3%

Pantheon Resources Plc (OTCMKTS:PTHRF) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 125,800 shares, a drop of 65.3% from the March 15th total of 362,300 shares. Based on an average trading volume of 655,400 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Pantheon Resources Stock Performance

Shares of PTHRF traded down $0.28 during midday trading on Tuesday, hitting $0.43. The stock had a trading volume of 4,089,926 shares, compared to its average volume of 616,146. Pantheon Resources has a 1 year low of $0.19 and a 1 year high of $0.94. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.05. The stock’s 50 day moving average is $0.79 and its 200 day moving average is $0.51.

Pantheon Resources Company Profile

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.