Could PETROLIA ENERGY CORP (OTCMKTS:BBLS) Go Down After Its Newest Short Interest Report?

May 17, 2018 - By Kristen Paramore

Petrolia Energy Corporation (OTCMKTS:BBLS) Logo

The stock of PETROLIA ENERGY CORP (OTCMKTS:BBLS) registered a decrease of 98.7% in short interest. BBLS’s total short interest was 200 shares in May as published by FINRA. Its down 98.7% from 15,400 shares, reported previously.

The stock increased 18.75% or $0.015 during the last trading session, reaching $0.095. About 100 shares traded. Petrolia Energy Corporation (OTCMKTS:BBLS) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Petrolia Energy Corporation engages in the exploration, development, and production of gas and oil properties in the United States. The company has market cap of $21.13 million. It holds 100% working interests in the Minerva-Rockdale Field comprising approximately 50 square miles located in Austin, Texas; the Slick Unit Dutcher Sands oilfield consisting of approximately 2,600 acres located in Creek County, Oklahoma; and the Twin Lakes San Andres Unit covering an area of approximately 4,864 acres located in Chavez County, New Mexico. It currently has negative earnings. The firm was formerly known as Rockdale Resources Corporation and changed its name to Petrolia Energy Corporation in September 2016.

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