ShaMaran Petroleum Corp. (OTCMKTS:SHASF – Get Free Report) saw a significant decrease in short interest during the month of August. As of August 15th, there was short interest totalling 9,600 shares, a decrease of 33.8% from the July 31st total of 14,500 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 4.2 days.
ShaMaran Petroleum Price Performance
Shares of OTCMKTS:SHASF remained flat at C$0.06 during trading on Friday. The company has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.05. ShaMaran Petroleum has a one year low of C$0.03 and a one year high of C$0.07.
About ShaMaran Petroleum
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