NuVista Energy Ltd. (OTCMKTS:NUVSF – Get Free Report) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,051,300 shares, an increase of 24.3% from the February 28th total of 2,454,500 shares. Based on an average daily trading volume, of 122,200 shares, the days-to-cover ratio is currently 25.0 days.
NuVista Energy Price Performance
Shares of OTCMKTS NUVSF opened at $9.77 on Thursday. NuVista Energy has a 12-month low of $7.38 and a 12-month high of $10.85. The stock’s 50 day simple moving average is $8.82 and its 200 day simple moving average is $8.86.
Wall Street Analysts Forecast Growth
Separately, ATB Capital raised shares of NuVista Energy to an “outperform” rating in a research report on Tuesday, March 25th.
NuVista Energy Company Profile
NuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves.
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