Vår Energi AS (OTCMKTS:VARRY – Get Free Report) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totalling 200 shares, a drop of 33.3% from the May 31st total of 300 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 1.0 days.
Vår Energi AS Stock Performance
OTCMKTS:VARRY opened at $6.70 on Friday. Vår Energi AS has a one year low of $5.14 and a one year high of $7.29. The stock has a 50-day simple moving average of $6.70 and a 200 day simple moving average of $6.44.
Vår Energi AS Increases Dividend
The company also recently declared a dividend, which was paid on Wednesday, May 22nd. Investors of record on Monday, May 6th were paid a $0.1194 dividend. This is an increase from Vår Energi AS’s previous dividend of $0.12. The ex-dividend date was Friday, May 3rd.
About Vår Energi AS
Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway.
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