Short Interest in Pine Cliff Energy Ltd. (OTCMKTS:PIFYF) Expands By 23.7%

Pine Cliff Energy Ltd. (OTCMKTS:PIFYF) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 824,800 shares, an increase of 23.7% from the November 15th total of 666,700 shares. Based on an average trading volume of 206,000 shares, the short-interest ratio is currently 4.0 days.

Pine Cliff Energy Stock Performance

Shares of PIFYF stock traded down $0.01 during trading on Friday, reaching $0.61. The company’s stock had a trading volume of 26,500 shares, compared to its average volume of 76,613. The business has a fifty day moving average price of $0.65 and a 200-day moving average price of $0.69. Pine Cliff Energy has a one year low of $0.56 and a one year high of $1.10.

About Pine Cliff Energy

Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. The company primarily holds interest in oil and gas properties in the Viking and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas.