Short Interest in Challenger Energy Group PLC (OTCMKTS:BSHPF) Increases By 83.5%

Challenger Energy Group PLC (OTCMKTS:BSHPF) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 93,600 shares, a growth of 83.5% from the November 30th total of 51,000 shares. Based on an average daily trading volume, of 8,600 shares, the short-interest ratio is currently 10.9 days.

Challenger Energy Group Stock Performance

BSHPF remained flat at $0.09 during trading on Friday. 10,586 shares of the company’s stock were exchanged, compared to its average volume of 28,124. Challenger Energy Group has a twelve month low of $0.03 and a twelve month high of $0.38. The company has a 50 day simple moving average of $0.09 and a 200-day simple moving average of $0.10.

About Challenger Energy Group

Challenger Energy Group PLC engages in the development, production, appraisal, and exploration of oil and gas properties. Its property portfolio consists of four producing fields in Trinidad and Tobago; a 100% working interest in AREA OFF-1 block and operates 14,557 square kilometers in Uruguay; 100% interest in four exploration licenses in the Bahamas; and a 100% interest in Weg naar Zee Project located in Suriname.