Short Interest in Petrus Resources Ltd. (OTCMKTS:PTRUF) Declines By 44.7%

Petrus Resources Ltd. (OTCMKTS:PTRUF) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 16,300 shares, a decrease of 44.7% from the December 31st total of 29,500 shares. Based on an average daily volume of 41,500 shares, the days-to-cover ratio is currently 0.4 days.

Petrus Resources Stock Up 0.6 %

Shares of Petrus Resources stock traded up $0.01 during midday trading on Friday, reaching $0.94. 5,900 shares of the company’s stock traded hands, compared to its average volume of 18,289. Petrus Resources has a 52 week low of $0.89 and a 52 week high of $1.11. The company’s 50 day simple moving average is $1.00 and its 200 day simple moving average is $1.00.

Petrus Resources Company Profile

Petrus Resources Ltd., together with its subsidiaries, engages in the acquisition, exploration, development, and exploitation of assets in Canada. The company primarily explores for crude oil and condensate, natural gas, and natural gas liquids. Its principal property is the Ferrier Area with approximately 94,614 acres of land located in the west Central Alberta near the town of Rocky Mountain House, Alberta.