Petrus Resources Ltd. (OTCMKTS:PTRUF) Short Interest Down 52.1% in November

Petrus Resources Ltd. (OTCMKTS:PTRUF) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 6,900 shares, a drop of 52.1% from the November 15th total of 14,400 shares. Based on an average daily volume of 11,200 shares, the days-to-cover ratio is currently 0.6 days.

Petrus Resources Stock Performance

Shares of PTRUF stock remained flat at $1.01 during midday trading on Thursday. 2,104 shares of the company traded hands, compared to its average volume of 19,659. Petrus Resources has a 1-year low of $0.89 and a 1-year high of $1.11. The firm has a 50 day moving average price of $1.03 and a 200 day moving average price of $1.00.

About Petrus Resources

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.