TransAtlantic Petroleum Ltd (NYSEAMERICAN:TAT) (TSE:TNP) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 137,115 shares, an increase of 236.1% from the November 30th total of 40,793 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 439,959 shares, the short-interest ratio is currently 0.3 days.
Shares of TransAtlantic Petroleum (NYSEAMERICAN:TAT) traded up $0.23 during mid-day trading on Wednesday, hitting $1.42. The stock had a trading volume of 756,230 shares, compared to its average volume of 84,183. The firm has a market capitalization of $57.31, a P/E ratio of -2.63 and a beta of 1.80. TransAtlantic Petroleum has a 1-year low of $0.58 and a 1-year high of $1.68.
About TransAtlantic Petroleum
TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively.
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