Short Interest in Prio S.A. (OTCMKTS:PTRRY) Increases By 19.1%

Prio S.A. (OTCMKTS:PTRRY) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 16,200 shares, an increase of 19.1% from the November 15th total of 13,600 shares. Based on an average trading volume of 16,000 shares, the days-to-cover ratio is currently 1.0 days.

Prio Stock Performance

Shares of PTRRY traded up C$0.08 during midday trading on Friday, hitting C$7.00. 452 shares of the stock traded hands, compared to its average volume of 4,489. Prio has a 1-year low of C$6.40 and a 1-year high of C$11.75. The business’s 50 day moving average price is C$7.22 and its two-hundred day moving average price is C$7.89.

About Prio

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.