Athabasca Oil Co. (OTCMKTS:ATHOF) Sees Significant Increase in Short Interest

Athabasca Oil Co. (OTCMKTS:ATHOF) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 9,624,900 shares, an increase of 13.2% from the August 31st total of 8,504,500 shares. Based on an average daily trading volume, of 1,060,000 shares, the short-interest ratio is currently 9.1 days.

Athabasca Oil Trading Up 0.7 %

Shares of OTCMKTS:ATHOF opened at $3.55 on Tuesday. The stock has a 50 day moving average of $3.87 and a 200 day moving average of $3.77. Athabasca Oil has a 12-month low of $2.46 and a 12-month high of $4.19.

About Athabasca Oil

Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates through Thermal Oil and Light Oil segments. The company's principal properties are in the Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer/Corner, Hangingstone, and Dover West projects located in the Athabasca region of northeastern Alberta.