Orca Energy Group Inc. (OTCMKTS:ORXGF) Shares Shorted: Short Interest Down 99.9% in October

Orca Energy Group Inc. (OTCMKTS:ORXGF) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 2 shares, a decline of 99.9% from the October 15th total of 3,396 shares. Based on an average daily volume of 5,788 shares, the days-to-cover ratio is currently 0.0 days.

Orca Energy Group Price Performance

ORXGF stock remained flat at $0.44 during midday trading on Thursday. 950 shares of the company’s stock were exchanged, compared to its average volume of 3,736. Orca Energy Group has a fifty-two week low of $0.44 and a fifty-two week high of $3.75. The company’s 50-day moving average is $1.42 and its 200-day moving average is $2.18.

About Orca Energy Group

Orca Energy Group Inc. is an international natural gas company focused on the exploration, development, production, processing and sale of natural gas in Tanzania. Through its Tanzanian operations, the company supplies gas to customers in the power-generation, industrial and commercial sectors. The company’s principal asset is its interest in the Songo Songo gas field and related production, processing and transportation infrastructure. Its operations include gas processing facilities and pipeline systems that connect the field with customers in and around Dar es Salaam, supporting Tanzania’s domestic energy supply.