Peninsula Energ (OTCMKTS:PENMF) Shares Shorted: Short Interest Down 92.8% in September

Peninsula Energ (OTCMKTS:PENMF) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 2,878 shares, a decrease of 92.8% from the August 31st total of 40,040 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 79,373 shares, the days-to-cover ratio is presently 0.0 days.

Peninsula Energ Stock Up 29.5%

Shares of Peninsula Energ stock traded up $0.05 on Friday, hitting $0.22. The stock had a trading volume of 500 shares, compared to its average volume of 32,550. Peninsula Energ has a one year low of $0.14 and a one year high of $0.77. The stock’s 50-day simple moving average is $0.21 and its two-hundred day simple moving average is $0.30.

Peninsula Energ Company Profile

Peninsula Energy Limited is an Australian uranium company focused on the exploration, development and production of uranium in the United States. The company’s primary asset is the Lance Uranium Project in Wyoming, where it uses in-situ recovery (ISR) technology to extract uranium without conventional open-pit or underground mining.

The Lance Project includes several permitted uranium deposits and processing infrastructure. Peninsula has worked to restart and expand operations at Lance following a period of care and maintenance, with the project designed to produce uranium for the nuclear power industry and serve customers in the United States and international markets.

Peninsula Energy is headquartered in Perth, Australia, and is listed on the Australian Securities Exchange under the symbol PEN, with its shares also trading over the counter in the United States under the symbol PENMF.