Short Interest in Topaz Energy Corp. (OTCMKTS:TPZEF) Declines By 34.8%

Topaz Energy Corp. (OTCMKTS:TPZEF) was the target of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 482,400 shares, a decline of 34.8% from the October 15th total of 740,000 shares. Based on an average trading volume of 600 shares, the short-interest ratio is presently 804.0 days.

Topaz Energy Stock Performance

OTCMKTS TPZEF opened at $19.79 on Friday. The company’s 50-day moving average price is $19.33 and its 200-day moving average price is $18.22. Topaz Energy has a 12 month low of $13.25 and a 12 month high of $20.37.

Topaz Energy Company Profile

Topaz Energy Corp. operates as a royalty and energy infrastructure company in Canada. It operates in two segments, the Royalty Assets and the Infrastructure Assets. The company holds royalty interests on approximately 6 million gross acres of developed and undeveloped lands. It also involved in the natural gas processing and water management infrastructure activities.