American Noble Gas, Inc. (OTCMKTS:IFNY) Short Interest Down 71.4% in May

American Noble Gas, Inc. (OTCMKTS:IFNY – Get Rating) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totalling 200 shares, a decrease of 71.4% from the April 30th total of 700 shares. Based on an average daily trading volume, of 53,400 shares, the short-interest ratio is presently 0.0 days.

Shares of OTCMKTS:IFNY traded up $0.01 during midday trading on Thursday, hitting $0.42. The company had a trading volume of 45,499 shares, compared to its average volume of 17,326. The firm has a fifty day simple moving average of $0.44 and a 200 day simple moving average of $0.41. American Noble Gas has a 12 month low of $0.17 and a 12 month high of $1.00.

American Noble Gas Company Profile (Get Rating)

American Noble Gas, Inc focuses on the acquisition, exploration, and development of oil and gas resources. It has an option to acquire oil and gas properties in central Kansas covering an area of approximately 11,000 acres. The company was formerly known as Infinity Energy Resources, Inc and changed its name to American Noble Gas, Inc in October 2021.

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