ShaMaran Petroleum Corp. (OTCMKTS:SHASF) Short Interest Update

ShaMaran Petroleum Corp. (OTCMKTS:SHASF) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 4,000 shares, a growth of 1,900.0% from the February 13th total of 200 shares. Based on an average daily volume of 108,200 shares, the short-interest ratio is currently 0.0 days.

ShaMaran Petroleum Trading Down 2.7 %

Shares of OTCMKTS SHASF traded down C$0.00 during mid-day trading on Wednesday, reaching C$0.14. The stock’s 50 day moving average price is C$0.11 and its 200 day moving average price is C$0.08. ShaMaran Petroleum has a 1 year low of C$0.04 and a 1 year high of C$0.16.

About ShaMaran Petroleum

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract; and in the Sarsang Production Sharing Contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.