Short Interest in Peninsula Energy Limited (OTCMKTS:PENMF) Expands By 266.0%

Peninsula Energy Limited (OTCMKTS:PENMFGet Free Report) saw a large growth in short interest in 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. Based on an average daily trading volume, of 21,800 shares, the short-interest ratio is currently 43.0 days. Currently, 0.6% of the shares of the stock are short sold.

Peninsula Energy Stock Performance

Shares of Peninsula Energy stock opened at $0.43 on Friday. The company’s 50 day moving average price is $0.64 and its two-hundred day moving average price is $0.75. Peninsula Energy has a fifty-two week low of $0.40 and a fifty-two week high of $1.76.

About Peninsula Energy

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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.

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