Short Interest in ShaMaran Petroleum Corp. (OTCMKTS:SHASF) Increases By 193.2%

ShaMaran Petroleum Corp. (OTCMKTS:SHASF) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 56,300 shares, a growth of 193.2% from the November 15th total of 19,200 shares. Based on an average daily trading volume, of 87,200 shares, the short-interest ratio is presently 0.6 days.

ShaMaran Petroleum Trading Up 6.5 %

SHASF traded up C$0.00 during trading hours on Wednesday, hitting C$0.08. The stock had a trading volume of 105,000 shares, compared to its average volume of 40,511. ShaMaran Petroleum has a 1 year low of C$0.03 and a 1 year high of C$0.09. The company’s fifty day simple moving average is C$0.06 and its 200 day simple moving average is C$0.06.

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.