Chariot Limited (OTCMKTS:OIGLF) Short Interest Update

Chariot Limited (OTCMKTS:OIGLF) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 13,700 shares, a drop of 56.6% from the February 29th total of 31,600 shares. Based on an average daily volume of 9,300 shares, the days-to-cover ratio is currently 1.5 days.

Chariot Price Performance

OTCMKTS OIGLF remained flat at $0.10 on Thursday. The firm’s fifty day moving average price is $0.10 and its 200-day moving average price is $0.14. Chariot has a 12 month low of $0.10 and a 12 month high of $0.24.

About Chariot

Chariot Limited, together with its subsidiaries, engages in the oil and gas exploration and appraisal activities. The company operates through Transactional Gas and Transactional Power segments. The company holds interests in the Rissana offshore license that covers an area of approximately 8,489 square kilometers.