PetroTal Corp. (OTCMKTS:PTALF) Short Interest Down 43.3% in April

PetroTal Corp. (OTCMKTS:PTALF – Get Rating) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 51,500 shares, a decline of 43.3% from the March 31st total of 90,900 shares. Based on an average daily trading volume, of 743,600 shares, the short-interest ratio is currently 0.1 days.

Shares of OTCMKTS:PTALF traded up $0.00 during mid-day trading on Friday, hitting $0.49. 98,450 shares of the company traded hands, compared to its average volume of 355,273. PetroTal has a 12-month low of $0.17 and a 12-month high of $0.61. The stock has a 50-day moving average price of $0.53 and a two-hundred day moving average price of $0.41.

About PetroTal (Get Rating)

PetroTal Corp. engages in the exploration, appraisal, and development of crude oil and natural gas in Peru, South America. Its primary asset is the Bretana oil field located in the Marañón Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp.

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