After Reaching Milestone, Is TETHYS PETROLEUM LTD ORDINARY SHARES GU (OTCMKTS:TETHF)’s Short Interest Revealing Something?

July 14, 2018 - By Michael Garrison

Tethys Petroleum Limited (OTCMKTS:TETHF) Logo

The stock of TETHYS PETROLEUM LTD ORDINARY SHARES GU (OTCMKTS:TETHF) registered an increase of 22700% in short interest. TETHF’s total short interest was 91,200 shares in July as published by FINRA. Its up 22700% from 400 shares, reported previously. With 18,500 shares average volume, it will take short sellers 5 days to cover their TETHF’s short positions. The short interest to TETHYS PETROLEUM LTD ORDINARY SHARES GU’s float is 0.05%.

It closed at $0.01 lastly. It is down 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Tethys Petroleum Limited engages in the exploration, development, and production of oil and natural gas resources in Kazakhstan, Tajikistan, and Georgia. The company has market cap of $3.92 million. The firm holds 100% interests in the Kyzyloi and Akkulka proven shallow gas fields; the Doris and Dione proven oil fields; and the Kul-Bas exploration and production contract. It currently has negative earnings. It also owns interests in three exploration blocks located in the prolific Kura Basin, Georgia.

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