Short Interest in Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) Increases By 6,800.0%

Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 6,900 shares, an increase of 6,800.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 45,100 shares, the days-to-cover ratio is presently 0.2 days.

Eco (Atlantic) Oil & Gas Price Performance

OTCMKTS:ECAOF opened at $0.12 on Friday. Eco has a 1-year low of $0.06 and a 1-year high of $0.22. The firm has a 50 day simple moving average of $0.13 and a 200-day simple moving average of $0.15.

Eco (Atlantic) Oil & Gas Company Profile

Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and 17.5% interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana.