ShaMaran Petroleum Corp. (OTCMKTS:SHASF) Short Interest Update

ShaMaran Petroleum Corp. (OTCMKTS:SHASF) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 35,600 shares, a drop of 53.6% from the December 31st total of 76,800 shares. Based on an average daily trading volume, of 23,500 shares, the short-interest ratio is currently 1.5 days.

ShaMaran Petroleum Stock Up 0.2 %

SHASF traded up C$0.00 during midday trading on Wednesday, hitting C$0.08. The company’s stock had a trading volume of 20,000 shares, compared to its average volume of 59,223. ShaMaran Petroleum has a 52-week low of C$0.03 and a 52-week high of C$0.09. The firm has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.06.

ShaMaran Petroleum Company Profile

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract; and in the Sarsang Production Sharing Contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.