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Peninsula Energy Limited (OTCMKTS:PENMF) Sees Significant Growth in Short Interest

Peninsula Energy logo with Basic Materials background

Peninsula Energy Limited (OTCMKTS:PENMF - Get Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,429,100 shares, an increase of 60.5% from the March 31st total of 1,513,400 shares. Currently, 1.5% of the shares of the company are sold short. Based on an average daily volume of 55,200 shares, the days-to-cover ratio is presently 44.0 days.

Peninsula Energy Stock Performance

Shares of OTCMKTS:PENMF remained flat at $0.40 during trading on Monday. The stock's 50-day moving average is $0.44 and its 200-day moving average is $0.82. Peninsula Energy has a one year low of $0.26 and a one year high of $1.70.

Peninsula Energy Company Profile

(Get Free Report)

Peninsula Energy Limited, together with its subsidiaries, operates as a uranium exploration company in the United States. The company's flagship project is its 100% owned Lance uranium project located in Wyoming. The company was formerly known as Peninsula Minerals Limited and changed its name to Peninsula Energy Limited in November 2010.

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