What’s Ahead for PEYTO EXPLORATION &amp DEVELOPMENT CORP (OTCMKTS:PEYUF) After More Shorted Shares?

The stock of PEYTO EXPLORATION &amp DEVELOPMENT CORP (OTCMKTS:PEYUF) registered an increase of 10.76% in short interest. PEYUF’s total short interest was 16.88M shares in November as published by FINRA. Its up 10.76% from 15.24 million shares, reported previously. With 32,900 shares average volume, it will take short sellers 513 days to cover their PEYUF’s short positions.

The stock decreased 2.17% or $0.1705 during the last trading session, reaching $7.6995. About shares traded. Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) has 0.00% since November 29, 2017 and is . It has underperformed by 15.62% the S&P500.

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of oil and natural gas, and natural gas liquids in Canada. The company has market cap of $1.25 billion. The companyÂ’s gas and oil properties are located in the AlbertaÂ’s Deep Basin. It has a 10.61 P/E ratio. As of December 31, 2016, it had a total proved plus probable reserves of 655 million barrels of oil equivalent.

More notable recent Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) news were published by: Seekingalpha.com which released: “This 7% Yielder Has Big Upside – Seeking Alpha” on October 11, 2017, also Seekingalpha.com with their article: “Birchcliff – A Justified Lower Price – Seeking Alpha” published on June 28, 2018, Seekingalpha.com published: “Keyera: Satisfying Strong Demand For Critical Infrastructure By Canada’s Fast Growing Oil & Gas Sector – Seeking Alpha” on May 26, 2015. More interesting news about Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) were released by: Seekingalpha.com and their article: “Gear Energy – Pounding The Table On Our Favorite Energy Position – Seeking Alpha” published on April 28, 2017 as well as Seekingalpha.com‘s news article titled: “Seymour Schulich Gobbles Up More Shares Of Birchcliff Energy – Seeking Alpha” with publication date: May 29, 2017.

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