PetroChina Company Limited (OTCMKTS:PCCYF) Short Interest Up 4,830.4% in September

PetroChina Company Limited (OTCMKTS:PCCYF) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 17,818,300 shares, a growth of 4,830.4% from the September 15th total of 361,400 shares. Based on an average daily volume of 712,000 shares, the days-to-cover ratio is currently 25.0 days.

PetroChina Stock Performance

PetroChina stock remained flat at $0.82 during trading on Friday. The company had a trading volume of 45,000 shares, compared to its average volume of 149,011. The company’s 50-day moving average price is $0.83 and its 200 day moving average price is $0.91. PetroChina has a fifty-two week low of $0.60 and a fifty-two week high of $1.08.

PetroChina Company Profile

PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Oil, Gas and New Energy Resource; Refining, Chemicals and New material; Marketing; and Natural Gas Sales segments.