Peninsula Energy Limited (OTCMKTS:PENMF) Sees Significant Drop in Short Interest

Peninsula Energy Limited (OTCMKTS:PENMF) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 128,700 shares, a drop of 26.5% from the December 31st total of 175,000 shares. Based on an average daily volume of 61,900 shares, the short-interest ratio is presently 2.1 days.

Peninsula Energy Stock Performance

Shares of OTCMKTS PENMF opened at $0.84 on Thursday. Peninsula Energy has a 1 year low of $0.59 and a 1 year high of $2.04. The company has a 50 day simple moving average of $1.60 and a 200-day simple moving average of $0.60.

About Peninsula Energy

Peninsula Energy Limited, together with its subsidiaries, operates as a uranium exploration company in the United States. The company's flagship project is its 100% owned Lance uranium project located in Wyoming. The company was formerly known as Peninsula Minerals Limited and changed its name to Peninsula Energy Limited in November 2010.