Short Interest in Japan Petroleum Exploration Co., Ltd. (OTCMKTS:JPTXF) Decreases By 41.3%

Japan Petroleum Exploration Co., Ltd. (OTCMKTS:JPTXF) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 554,607 shares, a decrease of 41.3% from the August 15th total of 945,436 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Japan Petroleum Exploration Stock Performance

JPTXF stock remained flat at $13.35 during midday trading on Wednesday. Japan Petroleum Exploration has a twelve month low of $11.15 and a twelve month high of $13.35. The business’s fifty day moving average price is $12.62 and its two-hundred day moving average price is $13.96.

About Japan Petroleum Exploration

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.