Petrus Resources Ltd. (OTCMKTS:PTRUF – Get Free Report) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 3,009 shares, a decrease of 97.6% from the September 30th total of 125,769 shares. Based on an average daily volume of 9,603 shares, the days-to-cover ratio is presently 0.3 days.
Petrus Resources Stock Performance
OTCMKTS:PTRUF remained flat at $1.23 on Monday. Petrus Resources has a 52-week low of $1.14 and a 52-week high of $1.64. The company’s fifty day moving average is $1.26 and its two-hundred day moving average is $1.30.
Petrus Resources Company Profile
Petrus Resources Ltd. is a Canadian oil and natural gas company focused on the acquisition, development and production of petroleum and natural gas assets. The company’s operations are centered in Alberta and form part of the Western Canadian Sedimentary Basin.
Petrus has historically pursued a balanced production portfolio that includes crude oil, condensate, natural gas liquids and natural gas. Its activities have included drilling, completing and operating wells, as well as developing infrastructure to support the gathering, processing and transportation of hydrocarbons.
The company has primarily served the Canadian energy market through its Alberta-based operations.
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