Short Interest in Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) Drops By 99.3%

Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 100 shares, a decline of 99.3% from the November 15th total of 15,200 shares. Based on an average daily trading volume, of 27,400 shares, the days-to-cover ratio is currently 0.0 days.

Eco (Atlantic) Oil & Gas Price Performance

Shares of ECAOF remained flat at $0.14 on Friday. 78,000 shares of the company were exchanged, compared to its average volume of 36,196. Eco has a twelve month low of $0.06 and a twelve month high of $0.22. The stock’s 50 day simple moving average is $0.13 and its 200 day simple moving average is $0.15.

About Eco (Atlantic) Oil & Gas

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.