ShaMaran Petroleum Corp. (OTCMKTS:SHASF) Short Interest Down 99.5% in February

ShaMaran Petroleum Corp. (OTCMKTS:SHASF) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a drop of 99.5% from the January 31st total of 36,800 shares. Based on an average trading volume of 92,900 shares, the days-to-cover ratio is currently 0.0 days.

ShaMaran Petroleum Stock Performance

SHASF opened at C$0.14 on Friday. The business has a 50 day moving average price of C$0.10 and a two-hundred day moving average price of C$0.07. ShaMaran Petroleum has a 1-year low of C$0.03 and a 1-year high of C$0.16.

ShaMaran Petroleum Company Profile

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.