Africa Oil Corp. (OTCMKTS:AOIFF - Get Rating) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 1,602,700 shares, a decline of 11.9% from the December 31st total of 1,819,700 shares. Based on an average trading volume of 210,900 shares, the short-interest ratio is currently 7.6 days.
Africa Oil Corp. (OTCMKTS:AOIFF - Get Rating) saw a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 455,500 shares, a drop of 28.0% from the October 15th total of 633,000 shares. Based on an average daily trading volume, of 188,500 shares, the days-to-cover ratio is presently 2.4 days.
Africa Oil Corp. (OTCMKTS:AOIFF - Get Rating) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 633,000 shares, a drop of 14.9% from the September 30th total of 743,800 shares. Based on an average daily volume of 401,000 shares, the days-to-cover ratio is presently 1.6 days.
Africa Oil Corp. (OTCMKTS:AOIFF - Get Rating) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 743,800 shares, a decrease of 39.3% from the September 15th total of 1,224,800 shares. Based on an average trading volume of 314,000 shares, the days-to-cover ratio is presently 2.4 days.
Africa Oil Corp. (OTCMKTS:AOIFF - Get Rating) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,161,900 shares, a growth of 13.8% from the August 15th total of 1,021,100 shares. Based on an average daily volume of 347,500 shares, the short-interest ratio is presently 3.3 days.