Peninsula Energy Limited (OTCMKTS:PENMF) Sees Significant Increase in Short Interest

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

Peninsula Energy Trading Down 15.0 %

PENMF traded down $0.08 during trading hours on Monday, reaching $0.43. The company's stock had a trading volume of 15,394 shares, compared to its average volume of 28,007. Peninsula Energy has a fifty-two week low of $0.40 and a fifty-two week high of $1.76. The business's 50-day moving average is $0.64 and its 200-day moving average is $0.75.

About Peninsula Energy

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.