ShaMaran Petroleum Corp. (OTCMKTS:SHASF) Short Interest Update

ShaMaran Petroleum Corp. (OTCMKTS:SHASF) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 4,000 shares, an increase of 1,900.0% from the February 13th total of 200 shares. Based on an average trading volume of 108,200 shares, the days-to-cover ratio is currently 0.0 days.

ShaMaran Petroleum Trading Down 0.9 %

Shares of SHASF opened at C$0.14 on Thursday. The business’s 50-day moving average is C$0.11 and its 200-day moving average is C$0.08. ShaMaran Petroleum has a fifty-two week low of C$0.04 and a fifty-two week high of C$0.16.

About ShaMaran Petroleum

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract; and in the Sarsang Production Sharing Contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.