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

Defense World ·  Jan 19, 2023 02:02

Yangarra Resources Ltd. (OTCMKTS:YGRAF – Get Rating) was the recipient of a large decrease in short interest in the month of December. As of December 30th, there was short interest totalling 277,200 shares, a decrease of 20.6% from the December 15th total of 349,000 shares. Based on an average trading volume of 73,700 shares, the days-to-cover ratio is currently 3.8 days.

Yangarra Resources Stock Performance

Shares of OTCMKTS YGRAF opened at $1.93 on Thursday. Yangarra Resources has a 52-week low of $1.27 and a 52-week high of $3.16. The firm has a 50 day moving average price of $2.04 and a two-hundred day moving average price of $2.04.

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About Yangarra Resources

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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. As of February 1, 2022, it had proved plus probable reserves of 141.2 million barrels of oil equivalent. The company is headquartered in Calgary, Canada.

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