Short Interest in Petrus Resources Ltd. (OTCMKTS:PTRUF) Decreases By 65.9%

Petrus Resources Ltd. (OTCMKTS:PTRUF) saw 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 trading volume of 13,600 shares, the days-to-cover ratio is presently 0.2 days.

Petrus Resources Stock Performance

Shares of PTRUF traded up $0.02 during trading hours on Thursday, reaching $0.98. The company had a trading volume of 400 shares, compared to its average volume of 17,159. Petrus Resources has a 12-month low of $0.89 and a 12-month high of $1.11. The firm has a 50 day simple moving average of $0.97 and a 200-day simple moving average of $1.00.

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.