Peninsula Energ (OTCMKTS:PENMF) Shares Shorted: Short Interest Down 92.5% in October

Peninsula Energ (OTCMKTS:PENMF) saw a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 7,555 shares, a decrease of 92.5% from the October 15th total of 101,108 shares. Based on an average daily volume of 34,006 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Peninsula Energ Stock Down 3.7%

Shares of OTCMKTS PENMF traded down $0.00 during mid-day trading on Wednesday, hitting $0.13. The company’s stock had a trading volume of 2,600 shares, compared to its average volume of 50,570. The company’s fifty day simple moving average is $0.18 and its 200-day simple moving average is $0.32. Peninsula Energ has a one year low of $0.11 and a one year high of $0.77.

About Peninsula Energ

Peninsula Energy Limited is an Australia-based uranium company focused on the exploration, development and production of uranium in the United States. The company’s primary asset is the Lance Uranium Project in Wyoming, which is being developed using in-situ recovery (ISR) technology. This method extracts uranium through wells by circulating a solution through mineralized formations, reducing the need for conventional open-pit or underground mining. The Lance project is located in Wyoming’s Powder River Basin and includes permitted uranium resources, wellfields, processing facilities and related infrastructure.