Short Interest: What’s Transatlantic Petroleum Limited (NYSEMKT:TAT) Upside After This Short Interest Increase?

November 17, 2016 - By Clifton Ray   ·   0 Comments

Short Interest: What's Transatlantic Petroleum Limited (NYSEMKT:TAT) Upside After This Short Interest Increase?

The stock of Transatlantic Petroleum Limited (NYSEMKT:TAT) registered an increase of 285.82% in short interest. TAT’s total short interest was 253,100 shares in November as published by FINRA. Its up 285.82% from 65,600 shares, reported previously. With 566,300 shares average volume, it will take short sellers 0 days to cover their TAT’s short positions. The short interest to Transatlantic Petroleum Limited’s float is 0.96%. The stock closed at $0.96 during the last session. It is down 37.14% since April 15, 2016 and is uptrending. It has outperformed by 32.52% the S&P500.

TransAtlantic Petroleum Ltd. is a holding company. The company has a market cap of $46.12 million. The Firm is an international oil and natural gas firm engaged in acquisition, exploration, development and production. It currently has negative earnings. The Company’s divisions include Turkey and Bulgaria.

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By Clifton Ray


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