Petrus Resources Ltd. (OTCMKTS:PTRUF) Sees Large Drop in Short Interest

Petrus Resources Ltd. (OTCMKTS:PTRUF) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 3,100 shares, a drop of 65.9% from the February 13th total of 9,100 shares. Based on an average daily trading volume, of 13,600 shares, the days-to-cover ratio is presently 0.2 days.

Petrus Resources Trading Up 2.2 %

Petrus Resources stock traded up $0.02 during midday trading on Thursday, hitting $0.98. The stock had a trading volume of 400 shares, compared to its average volume of 17,159. The firm’s fifty day moving average is $0.97 and its two-hundred day moving average is $1.00. Petrus Resources has a 52-week low of $0.89 and a 52-week high of $1.11.

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.