Peninsula Energy Limited (OTCMKTS:PENMF) Sees Large Drop in Short Interest

Peninsula Energy Limited (OTCMKTS:PENMF) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 1,453,000 shares, a decrease of 19.9% from the August 31st total of 1,813,400 shares. Based on an average daily trading volume, of 623,800 shares, the days-to-cover ratio is presently 2.3 days.

Peninsula Energy Price Performance

Shares of Peninsula Energy stock remained flat at $0.06 on Friday. The stock had a trading volume of 515,351 shares, compared to its average volume of 256,511. The company has a fifty day moving average of $0.06 and a 200 day moving average of $0.07. Peninsula Energy has a one year low of $0.04 and a one year high of $0.10.

About Peninsula Energy

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.