Today TOURMALINE OIL CORP ORDINARY SHARES CA (OTCMKTS:TRMLF) Reported Decrease in Shorted Shares

October 13, 2018 - By Peter Kolinski

Tourmaline Oil Corp. (OTCMKTS:TRMLF) Logo

The stock of TOURMALINE OIL CORP ORDINARY SHARES CA (OTCMKTS:TRMLF) registered a decrease of 13.97% in short interest. TRMLF’s total short interest was 2.44 million shares in October as published by FINRA. Its down 13.97% from 2.84M shares, reported previously. With 2,500 shares average volume, it will take short sellers 978 days to cover their TRMLF’s short positions.

The stock decreased 0.81% or $0.1353 during the last trading session, reaching $16.5111. About 1,077 shares traded. Tourmaline Oil Corp. (OTCMKTS:TRMLF) has 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

Tourmaline Oil Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin. The company has market cap of $4.50 billion. The firm has interests in the properties located in Peace River High, Alberta Deep Basin, and NEBC Montney areas. It has a 20.23 P/E ratio.

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