Jericho Energy Ventures Inc. (OTCMKTS:JROOF) Stock Short Interest Falls 45.3%

Jericho Energy Ventures Inc. (OTCMKTS:JROOF – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 14,117 shares, a decrease of 45.3% from the September 30th total of 25,819 shares. Based on an average daily volume of 71,317 shares, the short-interest ratio is presently 0.2 days.

Jericho Energy Ventures Price Performance

Shares of OTCMKTS JROOF traded down $0.01 during midday trading on Friday, reaching $0.13. 27,324 shares of the company’s stock traded hands, compared to its average volume of 70,089. The stock’s 50 day simple moving average is $0.17 and its 200-day simple moving average is $0.12. Jericho Energy Ventures has a one year low of $0.03 and a one year high of $0.25.

About Jericho Energy Ventures

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Jericho Energy Ventures Inc is a Canadian clean energy investment company focused on technologies that support the global transition away from fossil fuels. The company invests in and supports businesses developing solutions in areas such as hydrogen production, carbon capture, energy storage and other low-carbon applications.

Jericho’s portfolio has included companies working on green hydrogen catalysts and other hydrogen-related technologies, as well as projects aimed at producing clean energy from renewable or otherwise underutilized resources.

Further Reading

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