Petrus Resources Ltd. (OTCMKTS:PTRUF) Short Interest Update

Petrus Resources Ltd. (OTCMKTS:PTRUF) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 17,700 shares, a growth of 471.0% from the February 28th total of 3,100 shares. Based on an average trading volume of 48,800 shares, the short-interest ratio is presently 0.4 days.

Petrus Resources Price Performance

OTCMKTS:PTRUF traded up $0.01 on Wednesday, reaching $0.93. 10,300 shares of the company’s stock were exchanged, compared to its average volume of 15,686. The stock has a fifty day simple moving average of $0.95 and a 200-day simple moving average of $0.99. Petrus Resources has a 52 week low of $0.89 and a 52 week high of $1.11.

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.