Yangarra Resources Ltd. (OTCMKTS:YGRAF) Short Interest Update

Yangarra Resources Ltd. (OTCMKTS:YGRAF) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 161,300 shares, a drop of 40.0% from the February 13th total of 268,700 shares. Based on an average daily trading volume, of 104,900 shares, the days-to-cover ratio is currently 1.5 days.

Yangarra Resources Stock Performance

Shares of YGRAF stock opened at $0.70 on Monday. The stock’s 50-day moving average price is $0.73 and its 200 day moving average price is $0.74. Yangarra Resources has a 52-week low of $0.63 and a 52-week high of $0.93.

About Yangarra Resources

Yangarra Resources Ltd., a junior oil and gas company, engages in the exploration, development, and production of oil and natural gas properties in Western Canada. The company focuses on the Cardium in Central Alberta. It also focuses on the Western Canadian Sedimentary basin. The company is headquartered in Calgary, Canada.