88 Energy Limited (OTCMKTS:EEENF) Sees Large Increase in Short Interest

88 Energy Limited (OTCMKTS:EEENF) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 14,344,900 shares, an increase of 98.6% from the January 31st total of 7,221,800 shares. Based on an average daily volume of 24,773,900 shares, the short-interest ratio is presently 0.6 days.

88 Energy Stock Down 9.1 %

Shares of OTCMKTS EEENF traded down $0.00 during mid-day trading on Friday, hitting $0.00. The company’s stock had a trading volume of 10,132,184 shares, compared to its average volume of 10,982,336. 88 Energy has a one year low of $0.00 and a one year high of $0.01.

About 88 Energy

88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia.