Breaking Short Interest: Is Buying DET NORSKE (OTCMKTS:DETNF) Here Good Idea?

December 1, 2016 - By Pete Kolinski   ·   0 Comments

Breaking Short Interest: Is Buying DET NORSKE (OTCMKTS:DETNF) Here Good Idea?

The stock of DET NORSKE (OTCMKTS:DETNF) registered a decrease of 9.91% in short interest. DETNF’s total short interest was 227,300 shares in December as published by FINRA. Its down 9.91% from 252,300 shares, reported previously. With 100 shares average volume, it will take short sellers 2273 days to cover their DETNF’s short positions. The stock closed at $15.31 during the last session. It is down 113.23% since April 28, 2016 and is uptrending. It has outperformed by 107.31% the S&P500.

More important recent Det Norske Oljeselskap (OTCMKTS:DETNF) news were published by: Nasdaq.com which released: “Det norske oljeselskap ASA: Primary Insider Notice” on September 30, 2016, also Reuters.com published article titled: “BRIEF-Oil firms Det norske and BP to merge in Norway in $1.3 bln share dea…”, Ft.com published: “Det norske acquires BP’s Norway unit in cash and stock deal” on June 10, 2016. More interesting news about Det Norske Oljeselskap (OTCMKTS:DETNF) was released by: Wsj.com and their article: “Marathon Oil Sells Norwegian Operations for $2.1 Billion” with publication date: June 02, 2014.

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By Pete Kolinski


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