Short Interest in Pantheon Resources Plc (OTCMKTS:PTHRF) Expands By 210.5%

Pantheon Resources Plc (OTCMKTS:PTHRF) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 362,300 shares, a growth of 210.5% from the February 28th total of 116,700 shares. Based on an average trading volume of 866,900 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Pantheon Resources Stock Performance

Shares of OTCMKTS:PTHRF traded up $0.03 on Thursday, hitting $0.90. 633,258 shares of the company’s stock were exchanged, compared to its average volume of 555,083. Pantheon Resources has a 1-year low of $0.19 and a 1-year high of $0.94. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.05. The firm’s 50-day moving average is $0.74 and its 200 day moving average is $0.45.

About Pantheon Resources

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Alkaid project that covers that covers 40,000 acres located in Alaska; and the Kodiak project covering an area of approximately 124,000 acres located in Alaska.