Petrus Resources Ltd. (OTCMKTS:PTRUF) Sees Significant Increase in Short Interest

Petrus Resources Ltd. (OTCMKTS:PTRUF) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 14,200 shares, a growth of 167.9% from the March 31st total of 5,300 shares. Based on an average daily trading volume, of 19,400 shares, the short-interest ratio is presently 0.7 days.

Petrus Resources Stock Performance

Shares of PTRUF remained flat at $0.91 during mid-day trading on Monday. Petrus Resources has a 12-month low of $0.84 and a 12-month high of $1.11. The company’s 50-day simple moving average is $0.93 and its two-hundred day simple moving average is $0.98.

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.