What’s Propelling PAINTED PONY ENERGY LTD. COMMON SHARES (OTCMKTS:PDPYF) After Lower Shorts Reported?

August 9, 2018 - By Pearl Odom

The stock of PAINTED PONY ENERGY LTD. COMMON SHARES (OTCMKTS:PDPYF) registered a decrease of 1.5% in short interest. PDPYF’s total short interest was 6.33 million shares in August as published by FINRA. Its down 1.5% from 6.42 million shares, reported previously. With 11,100 shares average volume, it will take short sellers 570 days to cover their PDPYF’s short positions. The short interest to PAINTED PONY ENERGY LTD. COMMON SHARES’s float is 5.37%.

The stock decreased 1.54% or $0.04 during the last trading session, reaching $2.28. About 1,000 shares traded. Painted Pony Energy Ltd. (OTCMKTS:PDPYF) has 0.00% since August 9, 2017 and is . It has underperformed by 12.57% the S&P500.

Painted Pony Energy Ltd. engages in the exploration, development, and production of petroleum and natural gas resources in the Western Canadian Sedimentary Basin. The company has market cap of $360.21 million. The firm focuses primarily on the development and production of natural gas and natural gas liquids from the Montney formation in northeast British Columbia. It has a 8.29 P/E ratio. As of December 31, 2016, it had working interests in a total 309,798 acres of land, including 285,375 acres of land in British Columbia; and 24,432 acres in Alberta.

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