Pantheon Resources Plc (OTCMKTS:PTHRF) Short Interest Update

Pantheon Resources Plc (OTCMKTS:PTHRF) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 501,400 shares, a decline of 52.5% from the December 31st total of 1,054,500 shares. Based on an average trading volume of 1,126,300 shares, the days-to-cover ratio is currently 0.4 days.

Pantheon Resources Stock Performance

Shares of OTCMKTS:PTHRF traded down $0.02 during midday trading on Wednesday, hitting $0.60. 315,223 shares of the stock were exchanged, compared to its average volume of 732,040. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.79 and a current ratio of 0.79. Pantheon Resources has a 12 month low of $0.19 and a 12 month high of $0.65. The business’s 50-day moving average price is $0.39 and its 200 day moving average price is $0.30.

Pantheon Resources Company Profile

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Alkaid project that covers that covers 40,000 acres located in Alaska; and the Kodiak project covering an area of approximately 124,000 acres located in Alaska.