Short Interest in Jericho Energy Ventures Inc. (OTCMKTS:JROOF) Drops By 42.2%

Jericho Energy Ventures Inc. (OTCMKTS:JROOF) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 15,230 shares, a decrease of 42.2% from the June 30th total of 26,339 shares. Based on an average daily trading volume, of 238,474 shares, the short-interest ratio is presently 0.1 days.

Jericho Energy Ventures Stock Performance

Shares of OTCMKTS:JROOF traded up $0.01 during trading on Wednesday, hitting $0.17. 35,175 shares of the company’s stock were exchanged, compared to its average volume of 84,418. Jericho Energy Ventures has a 52-week low of $0.03 and a 52-week high of $0.25. The business’s 50-day simple moving average is $0.13 and its 200 day simple moving average is $0.09.

About Jericho Energy Ventures

Jericho Energy Ventures, Inc (OTCMKTS: JROOF) is an energy investment and production company focused on acquiring, operating and optimizing undervalued oil and gas assets across the United States. The company seeks to build a diversified portfolio of onshore producing properties, deploying capital and technical expertise to enhance recovery rates, extend well life and improve operational efficiency. By targeting non-core or underperforming assets, Jericho aims to unlock value through recompletions, workovers and infrastructure upgrades.

Jericho’s business model combines private-equity style asset selection with hands-on operational management.