Vår Energi AS (OTCMKTS:VARRY – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,470 shares, an increase of 212.8% from the July 30th total of 470 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 3,332 shares, the short-interest ratio is currently 0.4 days.
Vår Energi AS Stock Performance
OTCMKTS:VARRY opened at $10.25 on Thursday. The business has a 50 day simple moving average of $9.57 and a 200 day simple moving average of $9.33. Vår Energi AS has a 12-month low of $6.03 and a 12-month high of $11.09.
About Vår Energi AS
Vår Energi AS is a Norway-based independent oil and gas exploration and production company listed on the OTC Markets (OTCMKTS: VARRY). Established in January 2018 through the merger of Eni Norge AS and Point Resources ASA, Vår Energi has rapidly become one of the largest operators on the Norwegian Continental Shelf. The company focuses on discovering, developing and producing hydrocarbons, with a portfolio that spans several prolific offshore fields.
The company’s operations are concentrated in the North Sea, the Norwegian Sea and the Barents Sea, where it holds interests in both operated and non-operated assets.
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