Short Interest in Athabasca Oil Co. (OTCMKTS:ATHOF) Grows By 84.4%

from the April 30th total of 9,633,000 shares. Based on an average daily trading volume, of 1,751,000 shares, the short-interest ratio is presently 10.2 days. The company has a market cap of $1.37 billion and a price-to-earnings ratio of -0.28. Athabasca Oil Co. has a 52 week low of $0.45 and a 5

( ) was the subject of a significant increase in short-term interest in May. On May 15th there were 17,762,500 shorted shares. This is an increase of 84.4 % from the total of 9,630 600 shares on April 30th. The short-interest ratio, based on an average daily volume of 177.900 shares, is currently 99.8.

Athabasca oil trading down 0.9 %

Trading at midday on Friday saw a $0.02 decline, bringing the price to $2.13. The stock of the company traded 43,199 shares compared to an average of 183 771. Athabasca Oil's 52-week low is $1.37, and its 52-week high is $2.74. In a report published on Thursday, 2nd March, Royal Bank of Canada increased their price target on Athabasca Oil shares from C$3.00 up to C$3.50.

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Athabasca Oil Corporation is a company that specializes in exploration and production of thermal and lighter oil. The company operates under the Thermal Oil & Light Oil division. Light Oil division produces oil and liquids rich natural gas from unconventional reserves. offers a FREE daily email newsletter