Lucero Energy Corp. (OTCMKTS:PSHIF) Short Interest Up 43.3% in July

Lucero Energy Corp. (OTCMKTS:PSHIF) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 9,600 shares, a growth of 43.3% from the June 30th total of 6,700 shares. Based on an average daily trading volume, of 4,400 shares, the short-interest ratio is currently 2.2 days.

Lucero Energy Price Performance

PSHIF traded down C$0.02 during trading on Monday, reaching C$0.40. 7,900 shares of the stock traded hands, compared to its average volume of 17,207. Lucero Energy has a fifty-two week low of C$0.39 and a fifty-two week high of C$0.61. The stock’s 50-day simple moving average is C$0.43 and its two-hundred day simple moving average is C$0.44.

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.