Arrow Exploration Corp. (OTCMKTS:CSTPF – Get Free Report) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 124,774 shares, a decrease of 47.9% from the September 30th total of 239,476 shares. Based on an average daily trading volume, of 81,579 shares, the days-to-cover ratio is currently 1.5 days.
Arrow Exploration Stock Performance
Arrow Exploration stock opened at C$0.54 on Friday. The company has a 50-day simple moving average of C$0.47 and a 200-day simple moving average of C$0.35. Arrow Exploration has a one year low of C$0.12 and a one year high of C$0.59.
Arrow Exploration Company Profile
Arrow Exploration Corp. is an oil and gas exploration and production company focused on developing hydrocarbon assets in Colombia. The company’s activities include drilling, evaluating, completing and producing oil and natural gas wells, with an emphasis on increasing production from its existing asset base and identifying additional development opportunities.
Arrow’s Colombian operations are concentrated in the Llanos Basin, one of the country’s principal hydrocarbon-producing regions.
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