Lucero Energy Corp. (OTCMKTS:PSHIF) Sees Large Increase in Short Interest

Lucero Energy Corp. (OTCMKTS:PSHIF) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 39,100 shares, a growth of 47.5% from the March 31st total of 26,500 shares. Based on an average trading volume of 25,600 shares, the short-interest ratio is currently 1.5 days.

Lucero Energy Stock Performance

PSHIF remained flat at C$0.45 during mid-day trading on Monday. 100 shares of the company’s stock traded hands, compared to its average volume of 14,439. The business’s fifty day simple moving average is C$0.45 and its two-hundred day simple moving average is C$0.45. Lucero Energy has a 12 month low of C$0.32 and a 12 month high of C$0.52.

About Lucero Energy

Lucero Energy Corp., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. The company was formerly known as PetroShale Inc and changed its name to Lucero Energy Corp.