Vår Energi AS (OTCMKTS:VARRY) Short Interest Down 33.3% in June

Vår Energi AS (OTCMKTS:VARRY) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 200 shares, a drop of 33.3% from the May 31st total of 300 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 1.0 days.

Vår Energi AS Stock Performance

Shares of OTCMKTS:VARRY remained flat at $6.70 during mid-day trading on Friday. Vår Energi AS has a one year low of $5.14 and a one year high of $7.29. The company has a 50 day moving average price of $6.70 and a 200 day moving average price of $6.43.

Vår Energi AS Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 22nd. Shareholders of record on Monday, May 6th were given a $0.1194 dividend. The ex-dividend date of this dividend was Friday, May 3rd. This is a boost from Vår Energi AS’s previous dividend of $0.12.

About Vår Energi AS

Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway.