Prio S.A. (OTCMKTS:PTRRY) Sees Significant Decrease in Short Interest

Prio S.A. (OTCMKTS:PTRRY) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 13,300 shares, a decrease of 17.9% from the December 15th total of 16,200 shares. Based on an average daily trading volume, of 14,400 shares, the days-to-cover ratio is presently 0.9 days.

Prio Stock Performance

PTRRY stock traded down C$0.37 during trading hours on Thursday, reaching C$7.07. The stock had a trading volume of 20,351 shares, compared to its average volume of 20,850. The stock has a 50-day simple moving average of C$6.86 and a 200 day simple moving average of C$7.68. Prio has a fifty-two week low of C$6.32 and a fifty-two week high of C$10.20.

Prio Company Profile

Prio SA, together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro.