What Will Happen to PETROGAS COMPANY (OTCMKTS:PTCO) Next? The Stock Has Increase in Shorts

The stock of PETROGAS COMPANY (OTCMKTS:PTCO) registered an increase of 150% in short interest. PTCO’s total short interest was 6,000 shares in July as published by FINRA. Its up 150% from 2,400 shares, reported previously. With 98,600 shares average volume, it will take short sellers 0 days to cover their PTCO’s short positions.

It closed at $0.261 lastly. It is down 0.00% since July 12, 2018 and is . It has underperformed by 4.43% the S&P500.

Petrogas Company operates as an oil and gas exploration and production company. The company has market cap of $1.01 million. It has a total of 7 oil wells in Burns and Rogers leases covering an area of 714 acres located in Frio and Atascosa Counties, Texas. It currently has negative earnings. The firm was formerly known as America Resources Exploration, Inc. and changed its name to Petrogas Company in January 2016.

Another recent and important PetroGas Company (OTCMKTS:PTCO) news was published by Seekingalpha.com which published an article titled: “Slam, Bang, Boom. Is PetroGas Co. Now A Buy? – Seeking Alpha” on February 01, 2017.

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