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

ShaMaran Petroleum Corp. (OTCMKTS:SHASF) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 82,400 shares, a growth of 246.2% from the March 31st total of 23,800 shares. Based on an average daily trading volume, of 113,900 shares, the short-interest ratio is presently 0.7 days.

ShaMaran Petroleum Stock Performance

OTCMKTS:SHASF remained flat at C$0.06 during mid-day trading on Friday. ShaMaran Petroleum has a 12 month low of C$0.03 and a 12 month high of C$0.06. The stock has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.

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.