Short Interest in Journey Energy Inc. (OTCMKTS:JRNGF) Decreases By 6.7%

Journey Energy Inc. (OTCMKTS:JRNGF) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 1,598,600 shares, a decline of 6.7% from the October 31st total of 1,714,100 shares. Based on an average daily trading volume, of 101,400 shares, the short-interest ratio is currently 15.8 days.

Journey Energy Price Performance

OTCMKTS:JRNGF traded up $0.02 during trading hours on Monday, hitting $1.50. 22,000 shares of the company traded hands, compared to its average volume of 80,870. The firm’s 50-day simple moving average is $1.65 and its 200-day simple moving average is $1.95. Journey Energy has a one year low of $1.39 and a one year high of $3.18.

About Journey Energy

Journey Energy Inc is involved in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company was formerly known as Sword Energy Inc and changed its name to Journey Energy Inc in July 2012. Journey Energy Inc was founded in 2007 and is headquartered in Calgary, Canada.