Can PETROGAS COMPANY (OTCMKTS:PTCO)’s Tomorrow Be Different? The Stock Had Decline in Shorts

August 10, 2018 - By Jason Grubb

The stock of PETROGAS COMPANY (OTCMKTS:PTCO) registered a decrease of 77.55% in short interest. PTCO’s total short interest was 1,100 shares in August as published by FINRA. Its down 77.55% from 4,900 shares, reported previously.

The stock decreased 14.56% or $0.0575 during the last trading session, reaching $0.3375. About 252,112 shares traded or 115.97% up from the average. PetroGas Company (OTCMKTS:PTCO) has 0.00% since August 10, 2017 and is . It has underperformed by 12.57% the S&P500.

Petrogas Company operates as an oil and gas exploration and production company. The company has market cap of $10.16 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.

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