Short Interest in Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) Decreases By 73.9%

Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOFGet Free Report) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 1,800 shares, a decrease of 73.9% from the December 31st total of 6,900 shares. Based on an average trading volume of 14,700 shares, the days-to-cover ratio is currently 0.1 days.

Eco (Atlantic) Oil & Gas Stock Performance

ECAOF remained flat at $0.14 on Wednesday. Eco has a 1 year low of $0.06 and a 1 year high of $0.22. The firm’s 50 day simple moving average is $0.13 and its two-hundred day simple moving average is $0.14.

About Eco (Atlantic) Oil & Gas

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Eco (Atlantic) Oil & Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. The company holds a 15% working interest in the Orinduik block comprising 1,800 square kilometers located in the Suriname Guyana basin; and 17.5% interests in the Canje Block covering an area of 4,800 square kilometers located in Guyana.

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