AFRICA OIL CORP ORDINARY SHARES (OTCMKTS:AOIFF) Just Reported Increased Shorts

June 17, 2018 - By wolcottdaily

The stock of AFRICA OIL CORP ORDINARY SHARES (OTCMKTS:AOIFF) registered an increase of 1.07% in short interest. AOIFF’s total short interest was 667,600 shares in June as published by FINRA. Its up 1.07% from 660,500 shares, reported previously. With 74,100 shares average volume, it will take short sellers 9 days to cover their AOIFF’s short positions. The short interest to AFRICA OIL CORP ORDINARY SHARES’s float is 0.17%.

The stock decreased 1.91% or $0.02 during the last trading session, reaching $0.91. About 26,500 shares traded. Africa Oil Corp. (OTCMKTS:AOIFF) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Africa Oil Corp., together with its subsidiaries, operates as an gas and oil exploration and development firm in Kenya and Ethiopia. The company has market cap of $432.40 million. It holds interests primarily in the East African Rift Basin. It currently has negative earnings. The firm was formerly known as Canmex Minerals Corporation and changed its name to Africa Oil Corp. in August 2007.

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