Peninsula Energy Limited (OTCMKTS:PENMF) Sees Large Growth in Short Interest

Peninsula Energy Limited (OTCMKTS:PENMF) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 938,400 shares, an increase of 266.0% from the February 28th total of 256,400 shares. Based on an average daily trading volume, of 21,800 shares, the days-to-cover ratio is currently 43.0 days. Currently, 0.6% of the shares of the company are sold short.

Peninsula Energy Price Performance

OTCMKTS PENMF traded up $0.01 during trading hours on Thursday, hitting $0.48. The company had a trading volume of 4,025 shares, compared to its average volume of 28,728. The business has a fifty day simple moving average of $0.66 and a 200-day simple moving average of $0.75. Peninsula Energy has a fifty-two week low of $0.40 and a fifty-two week high of $1.78.

Peninsula Energy Company Profile

Peninsula Energy Limited, together with its subsidiaries, operates as a uranium exploration company in the United States. The company's flagship project is its 100% owned Lance uranium project located in Wyoming. The company was formerly known as Peninsula Minerals Limited and changed its name to Peninsula Energy Limited in November 2010.