Touchstone Exploration Inc. (OTCMKTS:PBEGF) Short Interest Up 234.6% in December

Touchstone Exploration Inc. (OTCMKTS:PBEGF) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 118,800 shares, an increase of 234.6% from the November 30th total of 35,500 shares. Based on an average daily trading volume, of 175,100 shares, the short-interest ratio is currently 0.7 days.

Touchstone Exploration Stock Performance

Shares of OTCMKTS:PBEGF traded down $0.00 on Thursday, reaching $0.28. 18,000 shares of the company were exchanged, compared to its average volume of 34,057. The company has a 50-day moving average of $0.37 and a 200-day moving average of $0.40. Touchstone Exploration has a 1-year low of $0.26 and a 1-year high of $0.68.

Touchstone Exploration Company Profile

Touchstone Exploration Inc engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company was formerly known as Petrobank Energy and Resources Ltd.