Peninsula Energy Limited (OTCMKTS:PENMF) Sees Large Growth in Short Interest

Peninsula Energy Limited (OTCMKTS:PENMF) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 938,400 shares, a growth of 266.0% from the February 28th total of 256,400 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 21,800 shares, the short-interest ratio is currently 43.0 days.

Peninsula Energy Price Performance

Shares of Peninsula Energy stock traded down $0.08 on Friday, hitting $0.43. The company’s stock had a trading volume of 15,394 shares, compared to its average volume of 28,007. The firm has a fifty day moving average price of $0.65 and a 200-day moving average price of $0.75. Peninsula Energy has a 1 year low of $0.40 and a 1 year high of $1.76.

Peninsula Energy Company Profile

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.