Yangarra Resources Ltd. (OTCMKTS:YGRAF) Sees Large Drop in Short Interest

Yangarra Resources Ltd. (OTCMKTS:YGRAF) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 161,300 shares, a decrease of 40.0% from the February 13th total of 268,700 shares. Based on an average daily trading volume, of 104,900 shares, the short-interest ratio is presently 1.5 days.

Yangarra Resources Trading Up 0.1 %

Yangarra Resources stock opened at $0.70 on Friday. The firm has a 50 day simple moving average of $0.73 and a 200-day simple moving average of $0.74. Yangarra Resources has a 12-month low of $0.63 and a 12-month high of $0.93.

About Yangarra Resources

Yangarra Resources Ltd., a junior oil and gas company, engages in the exploration, development, and production of oil and natural gas properties in Western Canada. The company focuses on the Cardium in Central Alberta. It also focuses on the Western Canadian Sedimentary basin. The company is headquartered in Calgary, Canada.