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

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

Peninsula Energy Price Performance

OTCMKTS:PENMF remained flat at $0.07 on Friday. 140,000 shares of the company traded hands, compared to its average volume of 558,936. Peninsula Energy has a fifty-two week low of $0.04 and a fifty-two week high of $0.10. The company’s 50 day moving average price is $0.06 and its 200 day moving average price is $0.07.

Peninsula Energy Company Profile

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.