ShaMaran Petroleum Corp. (OTCMKTS:SHASF) Short Interest Update

ShaMaran Petroleum Corp. (OTCMKTS:SHASF) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 32,300 shares, an increase of 1,096.3% from the March 31st total of 2,700 shares. Based on an average trading volume of 57,700 shares, the short-interest ratio is currently 0.6 days.

ShaMaran Petroleum Stock Performance

Shares of SHASF stock opened at C$0.15 on Friday. The business has a fifty day moving average of C$0.15 and a 200 day moving average of C$0.10. ShaMaran Petroleum has a 1 year low of C$0.05 and a 1 year high of C$0.17.

About ShaMaran Petroleum

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract; and in the Sarsang Production Sharing Contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.