Petrus Resources Ltd. (OTCMKTS:PTRUF – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 125,769 shares, an increase 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 Down 0.8%
Shares of PTRUF stock traded down $0.01 during trading on Friday, reaching $1.22. The company had a trading volume of 10,500 shares, compared to its average volume of 16,322. The firm’s 50 day simple moving average is $1.27 and its two-hundred day simple moving average is $1.29. Petrus Resources has a one year low of $1.11 and a one year 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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