Short Interest in Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF) Decreases By 38.8%

Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 6,563,000 shares, a drop of 38.8% from the September 15th total of 10,721,200 shares. Based on an average daily trading volume, of 333,600 shares, the days-to-cover ratio is presently 19.7 days.

Tamarack Valley Energy Trading Down 0.3 %

OTCMKTS:TNEYF opened at $3.04 on Friday. Tamarack Valley Energy has a 1 year low of $2.02 and a 1 year high of $3.17. The firm’s fifty day simple moving average is $2.90 and its 200 day simple moving average is $2.81.

About Tamarack Valley Energy

Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Cardium, Clearwater, Charlie Lake, and Enhanced Oil Recovery assets located in the province of Alberta, Canada.