Vår Energi AS (OTCMKTS:VARRY – Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 5,100 shares, a growth of 2,450.0% from the February 28th total of 200 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 3.0 days.
Vår Energi AS Price Performance
Shares of VARRY stock remained flat at $5.75 during mid-day trading on Wednesday. The firm has a 50-day simple moving average of $6.20 and a 200-day simple moving average of $6.27. Vår Energi AS has a 1 year low of $5.09 and a 1 year high of $7.38.
Vår Energi AS Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, February 24th were issued a dividend of $0.2156 per share. The ex-dividend date was Monday, February 24th.
Vår Energi AS Company Profile
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.
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