Vår Energi AS (OTCMKTS:VARRY) Short Interest Update

Vår Energi AS (OTCMKTS:VARRY) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 2,400 shares, a growth of 50.0% from the December 31st total of 1,600 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 12.0 days.

Vår Energi AS Stock Performance

Shares of VARRY stock remained flat at $6.99 during mid-day trading on Friday. The stock’s 50-day simple moving average is $6.47 and its two-hundred day simple moving average is $6.40. Vår Energi AS has a twelve month low of $5.14 and a twelve month high of $7.38.

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.