Could AZINCOURT ENERGY CORPORATION (OTCMKTS:AZURF) Change Direction After More Shorts?

January 12, 2018 - By Richard Conner

The stock of AZINCOURT ENERGY CORPORATION (OTCMKTS:AZURF) registered an increase of 11.9% in short interest. AZURF’s total short interest was 4,700 shares in January as published by FINRA. Its up 11.9% from 4,200 shares, reported previously. With 5,100 shares average volume, it will take short sellers 1 days to cover their AZURF’s short positions.

The stock increased 39.18% or $0.0648 during the last trading session, reaching $0.2302. About 46,176 shares traded or 140.41% up from the average. Azincourt Energy Corp. (OTCMKTS:AZURF) has 0.00% since January 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Azincourt Energy Corp., an exploration and development company, focuses on the alternative fuels/alternative energy sector in Canada. The company has market cap of $11.08 million. It primarily owns a 10% interest in the Patterson Lake North project located in the Athabasca Basin, Saskatchewan, Canada. It currently has negative earnings. The firm was formerly known as Azincourt Uranium Inc. and changed its name to Azincourt Energy Corp. in October 2017.

More notable recent Azincourt Energy Corp. (OTCMKTS:AZURF) news were published by: Globenewswire.com which released: “Azincourt Energy Announces Grant of Incentive Stock Options” on December 21, 2017, also Investingnews.com with their article: “Azincourt Energy Announces Private Placement” published on January 11, 2018, Juniorminingnetwork.com published: “Azincourt Energy Announces Work Program on East Preston Project JV” on October 18, 2017. More interesting news about Azincourt Energy Corp. (OTCMKTS:AZURF) were released by: Juniorminingnetwork.com and their article: “Imperial Metals Announces New Debt Facility and C$40 Million Rights Offering” published on October 27, 2017 as well as Investingnews.com‘s news article titled: “Uranium Trends 2017: Production Cuts Bring Hope to Downtrodden Market” with publication date: December 05, 2017.

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