Petrus Resources Ltd. (OTCMKTS:PTRUF) Short Interest Update

Petrus Resources Ltd. (OTCMKTS:PTRUF) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 29,500 shares, an increase 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 Price Performance

OTCMKTS:PTRUF traded down $0.01 during midday trading on Wednesday, hitting $0.93. 7,301 shares of the company were exchanged, compared to its average volume of 18,947. Petrus Resources has a fifty-two week low of $0.89 and a fifty-two week high of $1.11. The company has a fifty day simple moving average of $1.00 and a 200 day simple moving average of $1.00.

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.