Short Interest Watching: Could AFRICA OIL CORPORATION (OTCMKTS:AOIFF) See a Reversal After More Sellers Came In?

November 24, 2016 - By Clifton Ray   ·   0 Comments

Short Interest Watching: Could AFRICA OIL CORPORATION (OTCMKTS:AOIFF) See a Reversal After More Sellers Came In?

The stock of AFRICA OIL CORPORATION (OTCMKTS:AOIFF) registered an increase of 62.96% in short interest. AOIFF’s total short interest was 341,900 shares in November as published by FINRA. Its up 62.96% from 209,800 shares, reported previously. With 8,200 shares average volume, it will take short sellers 42 days to cover their AOIFF’s short positions. The stock decreased 2.57% or $0.04 on November 23, hitting $1.4. About 5,007 shares traded hands. AFRICA OIL CORP COM NPV (OTCMKTS:AOIFF) has declined 16.67% since April 22, 2016 and is downtrending. It has underperformed by 22.08% the S&P500.

Another recent and important AFRICA OIL CORP COM NPV (OTCMKTS:AOIFF) news was published by Prnewswire.com which published an article titled: “Apache Corporation Discovers Significant New Resource Play In Southern …” on September 07, 2016.

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By Clifton Ray


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