Short Interest in Petrus Resources Ltd. (OTCMKTS:PTRUF) Declines By 44.7%

Petrus Resources Ltd. (OTCMKTS:PTRUF) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 16,300 shares, a decline of 44.7% from the December 31st total of 29,500 shares. Based on an average trading volume of 41,500 shares, the days-to-cover ratio is presently 0.4 days.

Petrus Resources Trading Up 0.6 %

OTCMKTS:PTRUF traded up $0.01 during trading hours on Friday, reaching $0.94. The company’s stock had a trading volume of 5,900 shares, compared to its average volume of 18,289. Petrus Resources has a one year low of $0.89 and a one year high of $1.11. The business’s 50-day moving average is $1.00 and its 200-day moving average is $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.