Tenaz Energy Corp. (OTCMKTS:ATUUF – Get Rating) saw a large drop in short interest in August. As of August 31st, there was short interest totalling 3,000 shares, a drop of 23.1% from the August 15th total of 3,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 30.0 days.

Analysts Set New Price Targets

Separately, Stifel Nicolaus started coverage on Tenaz Energy in a research report on Tuesday, August 9th. They set a "buy" rating on the stock.

Tenaz Energy Stock Performance

OTCMKTS ATUUF remained flat at $1.45 during trading hours on Friday. The company had a trading volume of 200 shares, compared to its average volume of 1,868. The business's 50-day moving average is $1.50 and its 200-day moving average is $1.77. Tenaz Energy has a one year low of $1.01 and a one year high of $3.02.

About Tenaz Energy

Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in central Alberta. As of December 31, 2021, the company held 85.7% working interest in 36,208 acres of land at Leduc-Woodbend Rex Pool property; a 52.4% working interest in 1,920 acres of land in the Leduc-Woodbend Glauconitic D Unit No.1 property; and a 87.5% working interest in 7,175 acres of land in the Entice area.

Read More

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