Athabasca Oil Co. (OTCMKTS:ATHOF) Short Interest Down 25.1% in March

Athabasca Oil Co. (OTCMKTS:ATHOF) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 4,441,400 shares, a decline of 25.1% from the February 29th total of 5,928,000 shares. Based on an average daily trading volume, of 347,400 shares, the days-to-cover ratio is currently 12.8 days.

Athabasca Oil Stock Up 1.3 %

Shares of ATHOF stock opened at $3.88 on Friday. The stock’s fifty day simple moving average is $3.53 and its 200 day simple moving average is $3.18. Athabasca Oil has a one year low of $1.94 and a one year high of $4.06.

About Athabasca Oil

Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates through Thermal Oil and Light Oil segments. The company's principal properties are in the Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer/Corner, Hangingstone, and Dover West projects located in the Athabasca region of northeastern Alberta.