Short Interest in Journey Energy Inc. (OTCMKTS:JRNGF) Increases By 6.0%

Journey Energy Inc. (OTCMKTS:JRNGF) saw a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 1,504,700 shares, an increase of 6.0% from the May 15th total of 1,420,000 shares. Based on an average daily volume of 164,000 shares, the days-to-cover ratio is currently 9.2 days.

Journey Energy Stock Up 0.9 %

Shares of OTCMKTS:JRNGF opened at $2.19 on Wednesday. The company has a 50-day simple moving average of $2.55 and a 200-day simple moving average of $2.63. Journey Energy has a one year low of $2.14 and a one year high of $4.63.

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.