Short Interest in Gear Energy Ltd. (OTCMKTS:GENGF) Rises By 11.3%

Gear Energy Ltd. (OTCMKTS:GENGF) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 2,126,200 shares, a growth of 11.3% from the October 15th total of 1,910,100 shares. Based on an average daily volume of 152,600 shares, the short-interest ratio is currently 13.9 days.

Gear Energy Stock Performance

GENGF traded up $0.00 on Monday, reaching $0.38. 82,012 shares of the company’s stock were exchanged, compared to its average volume of 95,425. Gear Energy has a twelve month low of $0.37 and a twelve month high of $0.58. The stock’s fifty day moving average price is $0.42 and its 200-day moving average price is $0.48.

Gear Energy Company Profile

Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan.