Short Interest in Petrus Resources Ltd. (OTCMKTS:PTRUF) Rises By 471.0%

Petrus Resources Ltd. (OTCMKTS:PTRUF) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 17,700 shares, a growth of 471.0% from the February 28th total of 3,100 shares. Based on an average trading volume of 48,800 shares, the days-to-cover ratio is presently 0.4 days.

Petrus Resources Stock Performance

Shares of PTRUF traded up $0.01 during trading hours on Wednesday, reaching $0.93. 10,300 shares of the company’s stock traded hands, compared to its average volume of 15,686. Petrus Resources has a 12 month low of $0.89 and a 12 month high of $1.11. The firm’s 50 day simple moving average is $0.95 and its 200-day simple moving average is $0.99.

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.