Petrus Resources Ltd. (OTCMKTS:PTRUF) Short Interest Up 340.3% in January

Petrus Resources Ltd. (OTCMKTS:PTRUF) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 29,500 shares, a growth of 340.3% from the December 31st total of 6,700 shares. Based on an average trading volume of 30,500 shares, the days-to-cover ratio is presently 1.0 days.

Petrus Resources Stock Performance

Petrus Resources stock traded down $0.01 during mid-day trading on Wednesday, reaching $0.93. The company’s stock had a trading volume of 7,301 shares, compared to its average volume of 18,947. Petrus Resources has a twelve month low of $0.89 and a twelve month high of $1.11. The business has a 50 day moving average price of $1.00 and a 200-day moving average price of $1.00.

About Petrus Resources

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.