Extraction Oil & Gas Inc (NASDAQ:XOG) Sellers Reduced Their Shorts By 2.41% As Of Jun 29, 2018

June 29, 2018 - By Heather Owens

Extraction Oil & Gas Inc (NASDAQ:XOG) reported a decrease of 2.41% in shares shorted. In June was published XOG’s total 15.48M shares shorted by FINRA. That’s 2.41% down from 15.86 million shares. Previous XOG’s position will need 9 days to recover. It has 1.81M average volume. Extraction Oil & Gas Inc float short is 15.32%.

XOG hit $14.875 during the last trading session after $0.075 change.Currently Extraction Oil & Gas, Inc. is uptrending after 1.22% change in last June 29, 2017. XOG has also 430,221 shares volume. XOG underperformed the S&P500 by 11.35%.

Extraction Oil & Gas, Inc., an independent gas and oil company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquid reserves in the Rocky Mountains regions, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado.The firm is valued at $2.61 billion. As of December 31, 2016, it had approximately 109,400 net acres of contiguous acreage blocks in the productive areas of DJ Basin; held approximately 113,700 net acres outside of the Core DJ Basin; had estimated proved reserves of approximately 238.1 MMBoe; and had 1,014 gross producing wells.Last it reported negative earnings. The firm was founded in 2012 and is headquartered in Denver, Colorado.

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