Today’s Short Interest Alert: What’s Next for SHAMARAN PETROLEUM (OTCMKTS:SHASF) After Having More Shares Shorted?

November 15, 2016 - By Marguerite Chambers   ·   0 Comments

Today's Short Interest Alert: What's Next for SHAMARAN PETROLEUM (OTCMKTS:SHASF) After Having More Shares Shorted?

The stock of SHAMARAN PETROLEUM (OTCMKTS:SHASF) registered an increase of 1200% in short interest. SHASF’s total short interest was 91,000 shares in November as published by FINRA. Its up 1200% from 7,000 shares, reported previously. With 23,100 shares average volume, it will take short sellers 4 days to cover their SHASF’s short positions. The stock last traded at $0.0595 per share. It is down 25.00% since April 13, 2016 and is downtrending. It has underperformed by 28.93% the S&P500.

Another recent and important SHAMARAN PETROLEUM COM NPV (OTCMKTS:SHASF) news was published by Globenewswire.com which published an article titled: “SHAMARAN ANNOUNCES INCREASE IN ATRUSH YEAR–END RESERVES ESTIMATE” on February 15, 2016.

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By Marguerite Chambers


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