Pantheon Resources Plc (OTCMKTS:PTHRF) Short Interest Up 40.3% in September

Pantheon Resources Plc (OTCMKTS:PTHRF) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 469,500 shares, an increase of 40.3% from the August 31st total of 334,700 shares. Based on an average daily volume of 576,900 shares, the short-interest ratio is presently 0.8 days.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group upgraded shares of Pantheon Resources to a “moderate buy” rating in a report on Wednesday, August 7th.

Pantheon Resources Stock Performance

Shares of Pantheon Resources stock traded up $0.01 during midday trading on Friday, hitting $0.23. The company’s stock had a trading volume of 143,838 shares, compared to its average volume of 273,995. The stock has a 50-day simple moving average of $0.23 and a 200-day simple moving average of $0.32. Pantheon Resources has a 1-year low of $0.19 and a 1-year high of $0.60.

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.