Short Interest in Petrus Resources Ltd. (OTCMKTS:PTRUF) Rises By 24.7%

Petrus Resources Ltd. (OTCMKTS:PTRUF) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 30,800 shares, an increase of 24.7% from the August 31st total of 24,700 shares. Based on an average daily volume of 16,800 shares, the days-to-cover ratio is presently 1.8 days.

Petrus Resources Stock Performance

Petrus Resources stock traded up $0.01 on Friday, hitting $1.02. 14,470 shares of the stock traded hands, compared to its average volume of 21,611. The business’s fifty day simple moving average is $0.98 and its 200 day simple moving average is $0.99. Petrus Resources has a 1 year low of $0.82 and a 1 year high of $1.18.

About Petrus Resources

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.