Lucero Energy Corp. (OTCMKTS:PSHIF) Short Interest Update

Lucero Energy Corp. (OTCMKTS:PSHIF) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 11,300 shares, a drop of 15.7% from the August 31st total of 13,400 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 5.1 days.

Lucero Energy Stock Performance

Shares of PSHIF remained flat at C$0.35 during mid-day trading on Friday. The firm has a 50-day simple moving average of C$0.38 and a two-hundred day simple moving average of C$0.42. Lucero Energy has a 52-week low of C$0.34 and a 52-week high of C$0.61.

About Lucero Energy

Lucero Energy Corp., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. The company was formerly known as PetroShale Inc and changed its name to Lucero Energy Corp.