Short Interest in Victory Oilfield Tech, Inc. (OTCMKTS:VYEY) Drops By 58.8%

Victory Oilfield Tech, Inc. (OTCMKTS:VYEY) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 700 shares, a decline of 58.8% from the May 31st total of 1,700 shares. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is presently 0.6 days.

Victory Oilfield Tech Price Performance

VYEY opened at $0.43 on Friday. The firm has a 50 day moving average price of $0.52 and a 200-day moving average price of $0.57. Victory Oilfield Tech has a twelve month low of $0.15 and a twelve month high of $1.10.

About Victory Oilfield Tech

Victory Oilfield Tech, Inc operates as an oilfield energy technology products company in the United States. The company offers patented oil and gas drilling products. It also provides various hardbanding solutions to the oilfield operators for drill and weight pipes, tubing, and drill collars, as well as grinding services.