Chariot Limited (OTCMKTS:OIGLF) Sees Significant Increase in Short Interest

Chariot Limited (OTCMKTS:OIGLF) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 233,967 shares, a growth of 1,488.5% from the December 15th total of 14,729 shares. Based on an average daily volume of 95,410 shares, the short-interest ratio is currently 2.5 days. Based on an average daily volume of 95,410 shares, the short-interest ratio is currently 2.5 days.

Chariot Stock Up 2.8%

OIGLF traded up $0.00 during trading on Monday, hitting $0.03. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 55,375. The business’s 50 day simple moving average is $0.02 and its 200-day simple moving average is $0.02. Chariot has a one year low of $0.00 and a one year high of $0.07.

Chariot Company Profile

Chariot is an independent oil and gas exploration and production company headquartered in London. The company’s principal activities involve the identification, acquisition and appraisal of upstream hydrocarbon assets in frontier and emerging basins. Chariot’s portfolio has historically included interests in North-West Africa, with licences in Morocco’s Tangier and Gharb Basins as well as offshore opportunities in Equatorial Guinea.

Since its founding in 2012, Chariot has focused on creating value through exploration drilling, seismic evaluation and farm-out partnerships with international energy firms.