Petrus Resources Ltd. (OTCMKTS:PTRUF – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 125,769 shares, a growth of 786.4% from the September 15th total of 14,188 shares. Based on an average trading volume of 39,100 shares, the short-interest ratio is currently 3.2 days.
Petrus Resources Stock Performance
PTRUF stock opened at $1.22 on Monday. The business has a 50 day moving average price of $1.27 and a 200 day moving average price of $1.29. Petrus Resources has a fifty-two week low of $1.11 and a fifty-two week high of $1.64.
Petrus Resources Company Profile
Petrus Resources Ltd. is a Canadian oil and natural gas exploration and production company focused on the development of conventional petroleum assets. The company’s activities have included acquiring, drilling, completing and producing oil and natural gas properties.
Petrus has historically concentrated its operations in Alberta within the Western Canadian Sedimentary Basin, including assets in the Ferrier and North Ferrier areas. Its portfolio has included light oil, natural gas and natural gas liquids, with operations focused on maximizing production from established formations such as the Cardium.
Based in Calgary, Alberta, Petrus Resources has operated as a publicly traded Canadian energy company.
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