Japan Petroleum Exploration Co., Ltd. (OTCMKTS:JPTXF) Short Interest Up 264.8% in June

Japan Petroleum Exploration Co., Ltd. (OTCMKTS:JPTXF) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 368,323 shares, an increase of 264.8% from the June 15th total of 100,962 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Japan Petroleum Exploration Stock Performance

Shares of JPTXF remained flat at $13.75 during mid-day trading on Friday. Japan Petroleum Exploration has a 1 year low of $8.50 and a 1 year high of $18.15. The business’s 50-day moving average price is $13.74 and its two-hundred day moving average price is $13.67.

Japan Petroleum Exploration Company Profile

Japan Petroleum Exploration Co, Ltd., together with its subsidiaries, explores, develops, produces, and sells oil, natural gas, and other energy resources in Japan, Europe, North America, and the Middle East. It also owns and manages a gas pipeline network; and provides underground CO2 storage. In addition, the company is involved in well drilling contracting business; manufacturing and selling petroleum products; insurance agency activities; and sale and contracted transportation of crude oil. Further, it engages in the geological survey contracting services; geophysical exploration work, technology development, logging, and mud-logging contracting; purchase and sale of LNG, petroleum gas, etc.; development of solar, wind, geothermal, biomass, and other renewable energy sources; real estate management; and operation and commissioning of natural power plants.