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

Petrus Resources Ltd. (OTCMKTS:PTRUF) saw a significant 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 Trading Up 1.3 %

PTRUF traded up $0.01 during midday trading on Thursday, hitting $0.93. The company had a trading volume of 10,300 shares, compared to its average volume of 15,686. The firm’s 50-day simple moving average is $0.95 and its 200-day simple moving average is $0.99. Petrus Resources has a twelve month low of $0.89 and a twelve month 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.