Jericho Energy Ventures Inc. (OTCMKTS:JROOF) Short Interest Up 1,600.0% in August

Jericho Energy Ventures Inc. (OTCMKTS:JROOF) was the recipient of a large increase in short interest in August. As of August 15th, there was short interest totalling 1,700 shares, an increase of 1,600.0% from the July 31st total of 100 shares. Based on an average daily volume of 17,800 shares, the short-interest ratio is presently 0.1 days.

Jericho Energy Ventures Price Performance

OTCMKTS:JROOF opened at 0.11 on Wednesday. Jericho Energy Ventures has a 12 month low of 0.09 and a 12 month high of 0.22. The business’s 50-day moving average is 0.12 and its two-hundred day moving average is 0.13.

Jericho Energy Ventures Company Profile

Jericho Energy Ventures Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas in the United States. The company also invests in hydrogen technologies, energy storage, carbon capture, and new energy systems. The company was formerly known as Jericho Oil Corporation and changed its name to Jericho Energy Ventures Inc in March 2021.