Vår Energi AS (OTCMKTS:VARRY – Get Free Report) was the target of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 97.7% from the January 31st total of 4,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1.0 days.
Vår Energi AS Price Performance
Shares of OTCMKTS:VARRY opened at $5.88 on Friday. The firm’s 50-day simple moving average is $6.23 and its 200-day simple moving average is $6.11. Vår Energi AS has a fifty-two week low of $4.80 and a fifty-two week high of $6.75.
Vår Energi AS Cuts Dividend
The company also recently announced a dividend, which will be paid on Tuesday, March 12th. Investors of record on Monday, February 26th will be issued a $0.1181 dividend. The ex-dividend date of this dividend is Friday, February 23rd.
Vår Energi AS Company Profile
Vår Energi AS, an independent upstream oil and gas company, explores for, develops, and produces crude oil, and natural gas liquids. The company operates four fields on the Norwegian continental shelf, including the Goliat, Marulk, Balder, and Ringhorne and Ringhorne East fields located in the Barents, the Norwegian, and the North Sea.
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