Topaz Energy Corp. (OTCMKTS:TPZEF) Short Interest Up 51.2% in October

Topaz Energy Corp. (OTCMKTS:TPZEF) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 740,000 shares, an increase of 51.2% from the September 30th total of 489,400 shares. Based on an average daily trading volume, of 5,200 shares, the days-to-cover ratio is presently 142.3 days.

Topaz Energy Stock Performance

OTCMKTS:TPZEF remained flat at $19.49 on Friday. Topaz Energy has a 52 week low of $13.25 and a 52 week high of $20.37. The business’s fifty day moving average is $19.28 and its two-hundred day moving average is $17.92.

Topaz Energy Company Profile

Topaz Energy Corp. operates as a royalty and energy infrastructure company in Canada. It operates in two segments, the Royalty Assets and the Infrastructure Assets. The company holds royalty interests on approximately 6 million gross acres of developed and undeveloped lands. It also involved in the natural gas processing and water management infrastructure activities.