Petrus Resources Ltd. (OTCMKTS:PTRUF) Short Interest Down 23.2% in June

Petrus Resources Ltd. (OTCMKTS:PTRUF) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 23,900 shares, a decline of 23.2% from the May 31st total of 31,100 shares. Based on an average trading volume of 34,600 shares, the days-to-cover ratio is currently 0.7 days.

Petrus Resources Stock Performance

Shares of OTCMKTS:PTRUF remained flat at $1.01 during midday trading on Monday. 9 shares of the company traded hands, compared to its average volume of 25,085. The firm has a fifty day moving average price of $0.99 and a two-hundred day moving average price of $0.98. Petrus Resources has a 1-year low of $0.82 and a 1-year high of $1.36.

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.