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

88 Energy Limited (OTCMKTS:EEENF) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 9,634,500 shares, an increase of 46.4% from the November 30th total of 6,580,200 shares. Based on an average trading volume of 18,102,000 shares, the days-to-cover ratio is presently 0.5 days.

88 Energy Stock Performance

Shares of OTCMKTS:EEENF traded down $0.00 on Monday, hitting $0.00. The company had a trading volume of 18,993,340 shares, compared to its average volume of 9,678,459. 88 Energy has a 52-week low of $0.00 and a 52-week 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.