Perpetual Energy Inc. (OTCMKTS:PMGYF) Sees Significant Drop in Short Interest

Perpetual Energy Inc. (OTCMKTS:PMGYF) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 500 shares, a drop of 99.5% from the July 15th total of 100,500 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 0.2 days.

Perpetual Energy Stock Performance

Shares of OTCMKTS PMGYF remained flat at $0.31 during midday trading on Wednesday. Perpetual Energy has a 52-week low of $0.27 and a 52-week high of $0.49. The stock’s 50 day simple moving average is $0.33 and its 200 day simple moving average is $0.34.

About Perpetual Energy

Perpetual Energy Inc engages in the exploration, production, and marketing of oil and natural gas in Canada. The company's portfolio of assets includes liquids-rich natural gas assets located in deep basin of west central Alberta; and undeveloped bitumen leases located in Northern Alberta. Perpetual Energy Inc is headquartered in Calgary, Canada.