Vår Energi AS (OTCMKTS:VARRY) Short Interest Update

Vår Energi AS (OTCMKTS:VARRY) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 5,100 shares, an increase of 2,450.0% from the February 28th total of 200 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 3.0 days.

Vår Energi AS Stock Up 8.7 %

Vår Energi AS stock opened at $6.25 on Friday. Vår Energi AS has a one year low of $5.09 and a one year high of $7.38. The business’s fifty day moving average is $6.17 and its 200 day moving average is $6.27.

Vår Energi AS Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, February 24th were issued a dividend of $0.2156 per share. The ex-dividend date was Monday, February 24th.

About Vår Energi AS

Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway.