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

Petrus Resources Ltd. (OTCMKTS:PTRUF) saw a large growth in short interest in 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 daily trading volume, of 48,800 shares, the days-to-cover ratio is currently 0.4 days.

Petrus Resources Stock Performance

Petrus Resources stock traded up $0.01 during trading hours on Thursday, reaching $0.93. The stock had a trading volume of 10,300 shares, compared to its average volume of 15,686. Petrus Resources has a 52 week low of $0.89 and a 52 week high of $1.11. The business’s 50 day moving average price is $0.95 and its 200-day moving average price is $0.99.

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.