ShaMaran Petroleum Corp. (OTCMKTS:SHASF) Sees Significant Drop in Short Interest

ShaMaran Petroleum Corp. (OTCMKTS:SHASFGet Free Report) was the target of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a decrease of 99.5% from the January 31st total of 36,800 shares. Based on an average trading volume of 92,900 shares, the short-interest ratio is currently 0.0 days.

ShaMaran Petroleum Trading Down 2.0 %

Shares of ShaMaran Petroleum stock traded down C$0.00 during trading on Friday, hitting C$0.15. The stock had a trading volume of 4,979 shares, compared to its average volume of 65,453. ShaMaran Petroleum has a 12 month low of C$0.03 and a 12 month high of C$0.16. The business’s 50-day moving average is C$0.10 and its 200 day moving average is C$0.07.

ShaMaran Petroleum Company Profile

(Get Free Report)

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.

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