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

Peninsula Energy Limited (OTCMKTS:PENMF) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 1,453,000 shares, a drop of 19.9% from the August 31st total of 1,813,400 shares. Based on an average trading volume of 623,800 shares, the days-to-cover ratio is currently 2.3 days.

Peninsula Energy Stock Performance

PENMF remained flat at $0.06 during trading hours on Friday. The company had a trading volume of 515,351 shares, compared to its average volume of 256,511. The firm’s 50-day simple moving average is $0.06 and its two-hundred day simple moving average is $0.07. Peninsula Energy has a 52 week low of $0.04 and a 52 week high of $0.10.

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.