Short Interest in Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF) Drops By 12.3%

Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 5,038,500 shares, a drop of 12.3% from the January 31st total of 5,745,100 shares. Based on an average daily volume of 44,000 shares, the short-interest ratio is presently 114.5 days.

Tamarack Valley Energy Price Performance

TNEYF opened at $2.84 on Friday. The stock has a fifty day moving average of $3.16 and a 200-day moving average of $3.06. Tamarack Valley Energy has a fifty-two week low of $2.45 and a fifty-two week high of $3.50.

Tamarack Valley Energy Company Profile

Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Cardium, Clearwater, Charlie Lake, and Enhanced Oil Recovery assets located in the province of Alberta, Canada.